QLT Acquires Ocular Drug Delivery System From ForSight Labs (T-Net British Columbia)

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QLT Acquires Ocular Drug Delivery System From ForSight Labs (T-Net British Columbia)

Published: Tue, 09 Oct 2007 15:36:29 GMT

Vancouver, BC, October 9, 2007--(T-Net)--QLT Inc. (NASDAQ: QLTI; TSX: QLT) announced today that it has entered into an agreement under which QLT will acquire privately held ForSight Newco II, Inc. The acquisition includes ForSight Newco II's proprietary ocular punctal plug drug delivery system with the potential for future multi-product opportunities.

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