NSW: Former Pan boss pleads not guilty to misleading conduct

AAP General News (Australia)
02-02-2007
NSW: Former Pan boss pleads not guilty to misleading conduct

SYDNEY, Feb 2 AAP - Former Pan Pharmaceuticals boss Jim Selim has pleaded not guilty
to misleading the company's board ahead of its collapse in 2003.

Selim, who founded the company in 1974, today pleaded not guilty in the NSW Supreme
Court to four counts of providing misleading information to board members.

The offences allegedly occurred between February and April 2003.

The Therapeutic Goods Administration ordered an operational halt at the company in
April 2003 after a series of complaints about Pan's travel sickness drug Travacalm.

Justice Anthony Whealy today set the matter down for an expected eight-week trial on October 15.

AAP lma/klw/evt/nf

KEYWORD: SELIM

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