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QLT Inc. (TSX:QLT; Nasdaq:QLTI) reported a 35% decrease in its quarterly revenue for its fiscal first quarter ending March 31, 2007, due to a steep drop in global sales of its Visudyne anti-blindness drug.

Vancouver's Neuromed Pharmaceuticals Ltd. has signed a $30 million licensing deal for the exclusive U.S. rights to market a chronic pain drug developed by ALZA Corp., a California-based subsidiary of Johnson & Johnson.

Silver Wheaton Corp. (TSX, NYSE:SLW) has bought all the silver produced by Hellas Gold SA at its lead-zinc-silver Stratoni mine in northern Greece. Silver Wheaton paid the European Goldfields Ltd. subsidiary US$57.

Cummins Westport Inc., a joint venture between Cummins Inc. and Vancouver's Westport Innovations Inc. (TSX:WPT), has landed an order for 500 Cummins Westport compressed natural gas engines from one of India's main public transport operators.

Record sales and high mineral prices boosted first quarter results for Quadra Mining Ltd. (TSX:QUA). The Vancouver-based copper and gold producer reported a 62% increase in quarterly revenue to $136.5 million for the period ending March 31, 2007.

Finning International Inc. (TSX:FTT) has increased its commercial marine market by adding distribution rights to provide engine parts and service to the marine industry along the west coast of North and South America.

Kelowna-based power utility FortisBC (TSX:FTS) reported a 3% increase to $62 million in its quarterly revenue for the period ending March 31, 2007, compared with the same quarter in 2006.

Teck Cominco Ltd. (TSX,NYSE:TCK) will acquire a 50% interest in 7,147 acres of the Athabasca oilsands from UTS Energy Corp. for a net price of roughly $40 million.

VRX Worldwide Inc. (TSX-V:VRW) reduced its annual net loss by 64% on the strength of higher revenue in fiscal 2006.

Vancouver-based investment firm Longview Capital Partners (TSX-V:LV) saw revenue and annual profit rise for its fiscal year ending December 31, 2006. Revenue from gains on investment increased to $56.4 million compared with $4 million in 2005.