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OBJ names chairman

OBJ Ltd.'s board elected Antonio Varano as nonexecutive chairman, effective July 1.

Varano replaces Steven Schapera, who was serving as chairman on an interim basis. Schapera will remain with the company as a nonexecutive director.

OBJ develops magnetic, micro-array drug and ingredient delivery technologies for use in pharmaceutical, healthcare, cosmetic and homecare sectors in Australia.