-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 SCUliA80iz8tjGpSQJkxj4PjH2/Il+RaM3cRh0s59gprNcIDvDyDZHrRdcrQb8Dq
 VVEPB1lKwZr7riuyy/hDSA==

<SEC-DOCUMENT>0000914121-06-000179.txt : 20060127
<SEC-HEADER>0000914121-06-000179.hdr.sgml : 20060127
<ACCEPTANCE-DATETIME>20060127213907
ACCESSION NUMBER:		0000914121-06-000179
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060125
FILED AS OF DATE:		20060127
DATE AS OF CHANGE:		20060127

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LEE LEVI HONG KAYE
		CENTRAL INDEX KEY:			0001268608

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14907
		FILM NUMBER:		06559849

	BUSINESS ADDRESS:	
		STREET 1:		1405 LANE CRAWFORD HOUSE
		STREET 2:		70 QUEENS RD. E.
		CITY:			HONG KONG CHINA
		STATE:			F4
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		1405 LANE CRAWFORD HOUSE
		CITY:			70 QUEENS RD. E.
		STATE:			F4
		ZIP:			00000

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>p723823-4lee_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-01-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000882509</issuerCik>
        <issuerName>IMMTECH INTERNATIONAL INC</issuerName>
        <issuerTradingSymbol>IMM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001268608</rptOwnerCik>
            <rptOwnerName>LEE LEVI HONG KAYE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1405 CRAWFORD HOUSE,</rptOwnerStreet1>
            <rptOwnerStreet2>70 QUEEN'S ROAD CENTRAL</rptOwnerStreet2>
            <rptOwnerCity>KC</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.85</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-01-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>19000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.85</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2016-01-24</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 par value</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>19000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>115683</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </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">Derivative Securities include:  11,312 shares of common stock (beneficially owned by wife) issuable upon conversion of Series
 A Convertible Preferred Stock, 9,050 shares of Common Stock issuable upon conversion of Series C Convertible Preferred
 Stock, 42,987 shares of Common Stock (beneficially owned by wife) issuable upon conversion of Series C Convertible Preferred
 Stock, and 52,334 shares of Common Stock issuable upon the exercise of options as follows: vested option to purchase 20,000
 shares of Common Stock at $21.66 per share by November 5, 2013, vested option to purchase 18,000 shares of Common Stock at
 $14.29 per share by February 2, 2014, and the vested portion of 12,750 shares of an option to purchase 18,000 shares of
 Common Stock at $11.03 per share by November 16, 2014 (options vest in equal montyly installments over 24 months from date
 of grant and the vested portion of 1,584 shares of an option to purchase 19,000 shares of (TO CONTINUE IN FOOTNOTE #3)</footnote>
        <footnote id="F3">(CONTINUED FROM FOOTNOTE #2) Common Stock at $7.85 per share by January 24, 2016 (options vest in equal monthly installments
 over 24 months from date of grant).</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Levi Hong Kaye Lee</signatureName>
        <signatureDate>2007-01-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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