Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                                November 6, 2003
                Date of Report (Date of earliest event reported)

                                ACETO CORPORATION
               (Exact name of registrant as specified in charter)

  New York                          0-4217                      11-1720520
---------------            ------------------------         -------------------
 (State of                 (Commission File Number)           (IRS Employer
Incorporation)                                              Identification No.)

                                 One Hollow Lane
                          Lake Success, New York 11042
                                 (516) 627-6000

                          (Address and telephone number
                         of principal executive offices)

Item 7.     EXHIBITS

Exhibit 99.1       Press Release issued by Aceto Corporation, dated
                   November 6, 2003

Item 12.    Results of Operations and Financial Condition

            On November 6, 2003, Aceto Corporation, a New York corporation (the
"Registrant") issued the attached press release that included financial
information for its first quarter of fiscal 2004. A copy of the press release is
attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by
reference in its entirety.


     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.

                                                   ACETO CORPORATION

November 5, 2003                              By:  /S/ LEONARD S. SCHWARTZ
                                                       Leonard S. Schwartz,
                                                   Chief Executive Officer


Exhibit No.       Exhibit                                               Page
-----------       -------                                               ----

   99.1           Press Release issued by Aceto Corporation              3
                  dated November 6, 2003