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Cormark raises QLT price target

On the heels of QLT (NASDAQ:QLTI; TSX:QLT) reaching a 52-week high of $5.45 (U.S.) on Wednesday, Cormark Securities raised its price target to $6.50 from $5.35, maintaining a “buy” rating on the stock....

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Protected: QLT has positive outcomes treating LCA

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QLT hikes size of share buyback

The board of QLT approved an increase in the number of common shares the company (TSX:QLT; NASDAQ:QLTI) may purchase under its normal course issuer bid to 4,700,060, or 10% of the public float, from...

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QLT delays AGM to prepare for proxy battle

QLT (NASDAQ:QLTI; TSX:QLT) has delayed its annual meeting to June 4 from today after its second largest shareholder – Nordic Biotech of Denmark – initiated a proxy contest on Wednesday to elect a...

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Dissident shareholders overhaul QLT Board

QLT (NASDAQ:QLTI; TSX:QLT) has announced that shareholders elected 6 new directors and 1 carryover from the past board after its second largest shareholder – Nordic Biotech of Denmark – initiated a...

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Mati Therapeutics isn’t your traditional biotech startup

Not quite two years old yet, closely held Mati Therapeutics is conducting a pre-Phase 3 clinical trial with an ocular punctal plug delivery system (PPDS) that could become a preferred alternative to...

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QLT to merge into Auxilium Pharma

One of Canada’s iconic drug developers, QLT (NASDAQ:QLTI; TSX:QLT), which developed the first treatment for wet age-related macular degeneration, is disappearing through a merger with Auxilium...

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