Thursday, July 26, 2007

UPDATE 1-QLT tumbles to loss on legal charges

(Reuters) - The pharmaceutical company lost $68.7 million, or 92 cents
a share for the period to June 30, compared with a profit of
$7.5 million, or 8 cents a share for the same quarter a year
earlier.




QLT said the results included a charge of $109.9 million
related to the court case, which was brought by the
Massachusetts Eye and Ear Infirmary.


Read more at Reuters.com Market News

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