================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of earliest event reported: April 28, 2005
QLT INC.
--------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
British Columbia, Canada 000-17082 N/A
- ---------------------------- ----------- --------------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number Identification No.)
887 Great Northern Way, Vancouver, B.C. Canada, V5T 4T5
--------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(604) 707-7000
--------------------------------------------------------------------
(Registrant's telephone number, including area code)
Not Applicable
--------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
================================================================================
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On April 28, 2005 QLT Inc. (the "Company") reported its financial
results for the fiscal quarter ended March 31, 2005. The full text of the press
release announcing such results is attached hereto as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated herein by reference. Such
information shall not be deemed "filed" for purposes of Section 18 of the
Securities and Exchange Act of 1934, as amended, and is not incorporated by
reference into any filing of the Company, whether made before or after the date
hereof, regardless of any general incorporation language in such filing.
ITEM 8.01 OTHER EVENTS
On April 28, 2005, the Company also announced its intention to commence
a share buy-back program, subject to regulatory approval, of up to $50 million
worth of its stock over two years, and provided an update on the status of the
TAP litigation in Germany. The full text of the press release is attached
hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS & EXHIBITS
c) EXHIBITS
Pursuant to the rules and regulations of the Securities and Exchange
Commission, the attached exhibit is deemed to have been furnished to, but not
filed with, the Securities and Exchange Commission:
Number Description
- ------ -----------
99.1 Press Release dated April 28, 2005
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 hereunto duly authorized.
QLT INC.
(Registrant)
By: /s/ Paul J. Hastings
----------------------------------------
Paul J. Hastings
President and Chief Executive Officer
Dated: April 28, 2005