IMMUCELL CORP /DE/ — Director's Dealing 2007

Nov 8, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUCELL CORP /DE/ (ICCC)
CIK: 0000811641
Period of Report: 2007-11-06

Reporting Person: ROTHSCHILD JONATHAN E (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-06	Common Stock, par value $0.10 per share	P	1200	$3.93	Acquired	408423	Direct
2007-11-06	Common Stock, par value $0.10 per share	P	200	$3.93	Acquired	408623	Direct

Footnotes

F1: These shares of common stock were acquired by Arterio, Inc. a corporation owned solely by Mr. Rothschild.

F2: This figure includes 201,710 shares of common stock held by Arterio, Inc., a corporation owned solely by Mr. Rothschild.