================================================================================ 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: January 22, 2004 QLT Inc. ------------------------------------------------------ (Exact name of registrant as specified in its Charter) British Columbia, Canada 000-17082 N/A - ------------------------ ------------------------ ------------------- (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 ---------------------------------------------------- (Address, including zip code, and telephone number, including area code, of principal executive offices) ================================================================================ ITEM 5. OTHER EVENTS On January 22, 2004, QLT Inc. reported that its alliance partner, Novartis, announced global Visudyne(R) (verteporfin) sales of approximately US$95.9 million for the quarter and US$357 million for the year ended December 31, 2003. This represents an increase of 24% over sales in the fourth quarter of 2002 and 24% over annual sales in 2002. ITEM 7. EXHIBITS Exhibit Number Description - ------- ----------- 99.1 Press release dated January 22, 2004 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. ------------ (Registrant) Date January 22, 2004 /s/ Paul J. Hastings ---------------- ------------------------------------- (Signature) President and Chief Executive Officer