Living Cell Technologies Awarded NZBIO Company of the Year

Living Cell Technologies Limited
Company Announcement

Living Cell Technologies Awarded NZBIO Company of the Year

20 March 2013: Sydney, Australia & Auckland, New Zealand – Living Cell Technologies Limited (ASX: LCT; OTCQX: LVCLY) has been awarded the 2013 Janssen Industry Excellence Award for Company of the Year announced at the NZBIO Annual Conference gala dinner last night.

A panel of six identified Living Cell Technologies as the winner in recognition of the company’s innovative research, pipeline development and portfolio as well as business development success in partnering with the pharmaceutical and venture capital industries.

Living Cell Technologies’ Managing Director, Dr Andrea Grant, is delighted with the award.

“For Living Cell Technologies to be commended by industry peers as an outstanding company in New Zealand’s bio-economy is a great honour,” says Dr Grant. “It’s a wonderful validation for the team and for the progress we’ve made in the last few years as we move closer to the commercialisation of our lead therapeutic DIABECELL.”

The awards were judged on a range of criteria including company development; product pipeline; international partnerships; intellectual property; strategic vision, industry leadership and entrepreneurial culture; and investment, collaborations and partnerships.

“The New Zealand biotechnology sector is world class,” says Roy Austin, Chairman Living Cell Technologies. “The board and I are extremely pleased that Living Cell Technology’s leadership in this sector has been recognised with this award.”

NZBIO is a member-based organisation focused on growing New Zealand’s prosperous bio-economy. With hundreds of individual and corporate members across agbiotech, human health, industrial and environmental and food bioscience, NZBIO plays a leading role in providing practical support for companies to grow.

Its annual conference, NZBIO, is the leading showcase for the industry, attracting senior executives and delegates from around the world covering food bioscience to industrial, agricultural and health bioscience.

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