10:01 AM EST - QLT Inc. : said on Friday it planned to slash 45 percent of its workforce and take a $7.5 million charge this year, as it turns its focus to its key Visudyne anti-blindness treatment. The company said it would cut 115 jobs, including members of its management team, at its Vancouver headquarters and its U.S. subsidiaries. Julia Levy, who co-founded the company in 1981, also said she is retiring as executive chairwoman, Scientific Advisory Board and all other QLT activities. QLT Inc.
shares T.QLT are trading down 18 cents at $4.16.
