WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

          Date of Report (Date of earliest event reported): MAY 5, 2006

                                Aceto Corporation
             (Exact name of registrant as specified in its charter)

                                    New York
                 (State or Other Jurisdiction of Incorporation)

              000-4217                            11-1720520
     (Commission File Number)           (IRS Employer Identification Number)

            One Hollow Lane, Suite 201, Lake Success, New York 11042
                    (Address of Principal Executive Offices)

                                 (516) 627-6000
              (Registrant's Telephone Number, Including Area Code)

          (Former Name or Former Address, if Changed Since Last Report)

Indicate by check mark if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following

____     Written communications pursuant to Rule 425 under the Securities Act
         (17 CFR 230.425)

____     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
         CFR 240.14-12)

____     Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17CFR 240.14d-2(b))

____     Pre-commencement communications pursuant to Rule 13-e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On May 5, 2006, Aceto Corporation, a New York corporation (the "Registrant"),
issued the attached press release that included financial information for its
third quarter of fiscal 2006. A copy of the press release is attached as Exhibit
99.1 to this Report on Form 8-K. The information contained in the press release
is being furnished to the Commission and shall not be deemed incorporated by
reference into any of the Registrant's registration statements or other filings
with the Commission.

Item 9.01      Financial Statements and Exhibits.

(c) Exhibits

Exhibit 99.1      Press Release issued by Aceto Corporation dated May 5, 2006


         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 hereunto duly authorized.

                                               ACETO CORPORATION

Dated:  May 5, 2006                            By: /s/ Leonard S. Schwartz
                                               Leonard S. Schwartz
                                               Chairman, CEO and President

                                  EXHIBIT INDEX

Exhibit No.       Exhibits.
-----------       ---------

   99.1           Press Release issued by Aceto Corporation dated May 5, 2006