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QLT/Novartis Visudyne Occult Data Expected 2004; Medicare Coverage Denied

This article was originally published in The Gray Sheet

Executive Summary

QLT expects to have data on Visudyne in age-related macular degeneration patients with occult lesions from an ongoing Canadian and European trial by 2004

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Visudyne/PDT Treatment “More Effective” Than Placebo – MCAC

Coverage of ocular photodynamic therapy with QLT/Novartis' Visudyne (verteporfin) in patients who have age-related macular degeneration and occult lesions with no classic choroidal neovascularization (CNV) should be restricted to those with small lesions, according to several MCAC panel members

Visudyne/PDT Treatment “More Effective” Than Placebo – MCAC

Coverage of ocular photodynamic therapy with QLT/Novartis' Visudyne (verteporfin) in patients who have age-related macular degeneration and occult lesions with no classic choroidal neovascularization (CNV) should be restricted to those with small lesions, according to several MCAC panel members

Medicare Appeals Rule Expedited By Visudyne Settlement; MCAC To Convene

CMS' Medicare Coverage Advisory Committee will review initial data from QLT, Inc.'s Phase III trial investigating Visudyne (verteporfin) ocular photodynamic therapy in age-related macular degeneration patients with occult lesions

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