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News

LCT appoints CEO as Company Heads into New
Phase of Development
January 24, 2007

Living Cell Technologies Ltd (ASX:LCT) today announced that its founder and CEO will step aside due to health reasons to allow the succession of Dr Paul LJ Tan, to spearhead a new strategy and direction for the company as it enters clinical trials in 2007.

This change marks the transition for LCT from a research and development company, into clinical development and commercialisation of its xeno cell transplant therapies. The Board of Directors are delighted that Dr Tan, previously Managing Director of the NZ operations, has accepted the position to drive a very exciting and new period of growth for the company.

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