Taro Pharmaceutical Industries Ltd. Receives Extension Of Time To File 2005 Form 20-F From Nasdaq Panel

HAWTHORNE, N.Y., Sept. 13, 2006 (PRIMEZONE) -- Taro Pharmaceutical Industries Ltd. ("Taro" or the "Company") (Nasdaq:TARO) today announced that the Nasdaq Listing Qualifications Panel (the "Panel") has determined to continue the listing of the Company's shares on The Nasdaq Global Select Market, subject to certain conditions.

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