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QLT Inc.

QLT announces that it is named as a defendant in an action

Published in Medical Verdicts and Law Weekly, February 26th, 2009

QLT Inc. (NASDAQ: QLTI; TSX: QLT) announced that on February 11, 2009, the General Hospital Corporation, doing business as Massachusetts General Hospital ("MGH"), filed a complaint in the Superior Court of the Commonwealth of Massachusetts against QLT Phototherapeutics (Canada), Inc. QLT Phototherapeutics (Canada), Inc. was a prior registered name for QLT Inc. ("QLT"). In its complaint, MGH alleges that it entered into a written agreement with QLT that requires QLT to pay MGH the same royalties that it pays Massachusetts Eye and Ear Infirmary ("MEEI") on sales of Visudyne(R). MEEI was recently awarded a 3.01% royalty rate, on worldwide sales, in a legal action. QLT currently pays MGH a...

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