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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