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INSTITUTE OF DRUG TECHNOLOGY AUSTRALIA
LIMITED (IDT)
Tuesday 26 September 2006
The Manager
Company Announcements Office
Australian Stock Exchange Limited
Exchange Centre
20 Bridge Street Road
Sydney NSW 2000
Retirement of Mr. Richard Green as a Director
After nearly twenty years as a Director of Institute of Drug Technology
Australia Limited (IDT), Mr Green has announced that he will retire
at the end of the company's next Annual General Meeting, to be held
on Friday 27 October 2006.
Chairman of IDT, Dr Graeme Blackman, thanked Mr Green for his outstanding
contribution to the Board and its committees over the years that
he has been a Director of the company. Mr.Green's active involvement
in Board debates and company strategy has marked his considerable
contribution to the company over the years. The Directors and Management
wish Mr. Green every success in his future activities.
Company Background
Institute of Drug Technology Australia Limited (IDT: www.idtaus.com.au)
is a leading developer and manufacturer of active pharmaceutical
ingredients and finished products for local and international markets.
The company also provides a comprehensive range of consultancy,
research and development, and analytical services to the pharmaceutical
and biotechnology sectors.
Established in 1975, IDT is an Australian-owned public company,
listed on the Australian Stock Exchange and employing over 140 highly
qualified scientific and support staff. The company has extensive
modern manufacturing facilities and laboratories in Melbourne and
is licensed by the Australian Therapeutic Goods Administration (TGA)
and the United States Food and Drug Administration (FDA) for the
production of pharmaceutical products. The company has become especially
well known internationally for its dedicated facilities for the
development and production of anticancer drugs. In addition, the
company offers early stage clinical trial services from its base
at the Royal Adelaide Hospital through its CMAX division (www.cmax.com.au).
For information contact:
Dr Graeme L Blackman
Chairman and Managing Director
Institute of Drug Technology Australia Limited
45 Wadhurst Drive
Boronia Victoria 3155
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