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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: February 5, 2003
QLT Inc.
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(Exact name of registrant as specified in its Charter)
British Columbia, Canada 000-17082 N/A
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(Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
QLT Inc.,
887 Great Northern Way,
Vancouver, B.C., CANADA, V5T 4T5
(604) 707-7000
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(Address, including zip code, and telephone number,
including area code, of principal executive offices)
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ITEM 5. OTHER EVENTS
QLT announced 2002 fourth quarter and full-year earnings per share,
excluding special charges, of Canadian $0.16 and $0.47,
respectively. In reporting its earnings on a GAAP basis, QLT
reported a write-down of an equity investment, as well as a
previously disclosed restructuring charge. Based on 2002 results,
QLT announced 2003 sales guidance, in the range of US$310 -335
million, and 2003 EPS guidance in the range of Canadian $0.53 to
$0.68. All particulars are set out in the Press Release filed
herewith.
QLT also announced today that, beginning with the filing of its 10-K
for 2002, it will report under US GAAP and in US currency in future
filings.
ITEM 7. EXHIBITS
Exhibit
Number Description
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99.1 Press release dated February 5, 2003
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorised.
QLT Inc.
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(Registrant)
Date February 5, 2003 By /s/ Paul J. Hastings
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(Signature)
Paul J. Hastings
President and Chief Executive Officer