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QLT reports operating loss of $2.7 million in third quarter
QLT reported a $2.7 million operating loss in the third quarter compared with a $5.4 million operating loss in the same quarter of 2014, according to a press release. The decrease was attributed to the $2.7 million termination fee that InSite Vision paid to QLT according to the termination provisions of the merger agreement between QLT and InSite.