11:56 AM EST - QLT Inc. : reported financial results for the first quarter ended March 31, 2011. Unless specified otherwise, all amounts are in U.S. dollars and in accordance with U.S. GAAP. Total revenue of $8.9 million was down 35.1% from the first quarter of 2010. The operating loss for the first quarter was $9.6 million, compared to $5.3 million in the prior-year quarter. QLT Inc.
shares T.QLT are trading down $0.12 at $7.47.
