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QLT Completes Divestment of Aczone to Allergan for USD$150 Million (T-Net British Columbia) |
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Written by Webmaster
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Tuesday, 15 July 2008 |
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Vancouver, BC, July 14, 2008--(T-Net)--QLT Inc. (NASDAQ: QLTI; TSX: QLT) today announced that QLT USA, Inc., its wholly-owned subsidiary, completed the sale of its Aczone (dapsone) Gel 5% product, a topical treatment for acne vulgaris, to Allergan Sales, LLC, a wholly-owned subsidiary of Allergan, Inc. (NYSE: AGN). As a result of the transaction, QLT USA received a one-time cash payment of ...
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Last Updated ( Tuesday, 15 July 2008 )
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