A broad-based investor syndicate comprised of both new investors and existing shareholders of both companies has committed to invest approximately USD 22m in QLT
and to vote in favor of the proposed transaction.
If approved, the share reorganisation is expected to permit QLT
to distribute common shares of Aralez Pharmaceuticals Inc.
Stepping down was not a hard decision, says Levy, who co-founded Quadra Logic Technologies, now QLT
Inc., back in 1981.
InSite also said that it has terminated its previously announced second amended and resaid merger agreement with QLT
Currently, Meckler serves as director of QLT
, an ultra-orphan opthalmic biotechnology company, as well as managing director of The Andra Group, a life sciences firm.
Take, for instance, Ballard Power's continued leadership in fuel cell technology or QLT
Inc.'s dominance in photodynamic therapy.
-INSITE VISION MULLS OFFER DEEMED SUPERIOR TO QLT
M2 PHARMA-September 23, 2014-Auxilium chooses QLT
Vancouver's biotechnology champion, Julia Levy of QLT
Inc., has been named an officer of the Order of Canada.