Annual Report
ASX Announcements
Share Price

 

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