pSivida Limited Receives Court Approval for US Reincorporation

BOSTON & PERTH, Australia--(BUSINESS WIRE)--pSivida Limited (NASDAQ:PSDV)(ASX:PSD)(FSE:PSI) announced that the Federal Court of Australia (Court) today approved the Scheme of Arrangement (Scheme) for the Company’s reincorporation in the United States (Reincorporation). This Court approval of the Reincorporation follows shareholder approval of the Reincorporation at the Scheme Meeting held on 6 June 2008.

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