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QLT reports $23.3 million operating loss in 2015
QLT reported an operating loss of $23.3 million, or $0.44 per share, in 2015 compared with $3.8 million, or $0.08 per share, in 2014, according to a press release. In 2014, Auxilium paid a termination fee of $28.4 million, more than the $2.7 million InSite termination fee paid in 2015, accounting for the higher operating loss last year.