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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 F44Lp3AzudvpTFhgtV4DBA==

<SEC-DOCUMENT>0000914121-03-001491.txt : 20031107
<SEC-HEADER>0000914121-03-001491.hdr.sgml : 20031107
<ACCEPTANCE-DATETIME>20031107165906
ACCESSION NUMBER:		0000914121-03-001491
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031106
FILED AS OF DATE:		20031107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PARKS GARY C
		CENTRAL INDEX KEY:			0001209526

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14907
		FILM NUMBER:		03985865

	MAIL ADDRESS:	
		STREET 1:		425 CHESTNUT STREET
		CITY:			WINNETKA
		STATE:			IL
		ZIP:			60093

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IMMTECH INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000882509
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				391523370
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		150 FAIRWAY DRIVE
		STREET 2:		SUITE 150
		CITY:			VERNON HILLS
		STATE:			IL
		ZIP:			60061
		BUSINESS PHONE:		(847) 573-0033

	MAIL ADDRESS:	
		STREET 1:		150 FAIRWAY DRIVE
		STREET 2:		SUITE 150
		CITY:			VERNON HILLS
		STATE:			IL
		ZIP:			60061
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p681282-parks_ex.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-11-06</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000882509</issuerCik>
        <issuerName>IMMTECH INTERNATIONAL INC</issuerName>
        <issuerTradingSymbol>IMM</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001209526</rptOwnerCik>
            <rptOwnerName>PARKS GARY C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>425 CHESTNUT STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WINNETKA</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60093</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Treasurer, Secretary and CFO</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Incentive Stock Option (Right to Buy)</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>21.66</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-11-06</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>15000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>21.66</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
            <footnoteId id="F1"/>
      </exerciseDate>
      <expirationDate>
         <value>2013-11-05</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock, $0.01 par value</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>15000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>64195</value>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> The option vests in equal monthly installments over 24 months.</footnote>

      <footnote id="F2"> Includes: 2,262 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Stock, 1,000 shares of Common Stock issuable upon the exercise of warrants as follows: warrant to purchase 1,000 shares of Common Stock at $6.00 per share by February 14, 2007 only after the Series A Convertible Preferred Stock has been converted, and 64,195 shares of Common Stock issuable upon the exercise of options as follows: vested option to purchase 14,195 shares of Common Stock at $1.74 per share by April 16, 2008, option to purchase 10,000 shares of Common Stock at $10.00 per share by July 19, 2011, an option to purchase 25,000 shares of Common Stock at $2.55 per share by December 24, 2012 (options vest in equal monthly installments over 3 years from date of grant), and option to purchase 15,000 shares of Common Stock at $21.66 per share by November 5, 2013 (options vest in equal monthly installments over 24 months from date of grant).</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Gary C. Parks</signatureName>
      <signatureDate>2003-11-07</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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