Feb 20 (Reuters) - Australian government takeovers panel-
* Tov: iil panel declines to conduct proceedings
* Declined to conduct proceedings on an application dated 14 feb from james wheeldon in relation to affairs of innate immunotherapeutics
* Considered that applicant did not provide sufficient material to justify panel making further enquiries
* Applicant submitted that there is an available inference that collins may be associated with family members and other shareholders Source text for Eikon: ID:nASX2wY0JR Further company coverage: IIL.AX