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Happy Return: QLT Bets Big on ForSight Plug

Publicly traded QLT Inc. is trying to capture lightning in a bottle; it has acquired the second company spawned by ForSight Labs, the incubator created by The Foundry. The still unnamed company has developed drug-eluting punctual plugs that QLT believes could challenge the $6 billion eye-drop industry.

A year ago, the drug-eluting punctual plug technology created by incubator ForSight Labs LLC didn’t exist. Today, the drug-eluting technology might make or break publicly traded QLT Inc.

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