Roth Capital Upgrades QLT Inc (QLTI) to Buy

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QLT, Inc. (QLTI) to Buy Insite Vision, Make Investment in Araleza

June 8, 2015 10:52 AM EDT

QLT Inc. (NASDAQ: QLTI) announced today that it has signed definitive agreements on multiple separate transformative transactions and will be returning capital to shareholders. Together, these actions are expected to create significant liquidity and near- and long-term value for QLT shareholders.

InSite Vision Acquisition: QLT has entered into a definitive agreement to acquire (the InSite Acquisition) InSite Vision Incorporated (OTC: INSV) (InSite Vision) for $0.178 per share in an all-share transaction to create a diversified, pure-play, late-stage ophthalmic pharmaceutical company well equipped to advance QLTs existing Phase III-ready Retinoid Program and... More

QLT, Inc. (QLTI) halted with news pending

June 8, 2015 9:35 AM EDT

QLT, Inc. (NASDAQ: QLTI) trading halted with news pending.

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