Category: Market/Novel Tech

Month: 08 Aug 2012

Issue: not yet available

Canadian ophthalmic company QLT Inc. plans to return $100M cash to shareholders

QLT Inc., (Nasdaq: QLTI; TSX: QLT), a public biotech company focused on the commercialization of innovative ophthalmic products has announced significant corporate and structural re-organisation, including the return of $100M in cash to its shareholders. Based in Vancouver, Canada the company has undergone significant re-structuring since an activist shareholder, NB Public Equity Komplementar ApS, gained control of the company.

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