Biovest International, Inc. (OTCQB: BVTI), a majority-owned subsidiary
of Accentia Biopharmaceuticals, Inc. (OTCQB: ABPI), today announced that
an article was published in HemOnc Today, reporting on the
promise of Biovest’s BiovaxID® personalized cancer vaccine for the
treatment of non-Hodgkin’s lymphoma, an incurable form of blood cancer.
The article, titled, “Follicular Lymphoma Vaccine Specifically Targets
Tumor Cells, Offers Individualized Treatment”, includes an interview
with Biovest’s clinical consultant, Larry W. Kwak, M.D., Ph.D., Chairman
of the Department of Lymphoma/Myeloma, Division of Cancer Medicine at
The University of Texas MD Anderson Cancer Center (Houston, TX).
According to the article, “This vaccine (BiovaxID) opens new doors
because, as great a drug as rituximab is, even in combination with
chemotherapy, it does not cure patients with follicular lymphoma,” Dr.
Kwak said. “The ultimate goal of curing patients is still an unmet need.
This vaccine, in combination with chemotherapy and rituximab, has the
potential to achieve that goal of curing patients.” Dr. Kwak was named
to TIME Magazine’s “Top 100 – Most Influential People in the
World” list in 2010 for his work on BiovaxID.
The complete HemOnc Today article can be accessed in the Media
Center at Biovest's corporate website at: http://www.biovest.com/investor-relations/media-center
About BiovaxID®
Biovest's lead drug product is BiovaxID®, an autologous active
immunotherapy (personalized cancer vaccine) for the treatment of certain
B-cell subtypes of non-Hodgkin's lymphoma, an incurable form of blood
cancer. Over the past decade, two Phase II clinical trials and a Phase
III clinical trial have demonstrated strong and cumulative evidence with
regards to BiovaxID vaccination’s safety and efficacy. With regards to
safety, all clinical trials to date demonstrate that BiovaxID
vaccination is highly safe and poses a nearly vanishingly small toxicity
risk relative to approved anti-lymphoma agents. Moreover, BiovaxID
provides substantial and durable clinical efficacy with the Phase III
clinical trial demonstrating that BiovaxID significantly improves
disease-free survival in follicular lymphoma and the Phase II mantle
cell lymphoma clinical trial demonstrating that BiovaxID induces strong
idiotype-specific T-cell responses which strongly correlate with
highly-statistically significant overall survival.
About Biovest International, Inc.
Biovest International, Inc. is an emerging leader in the field of active
personalized immunotherapies. In collaboration with the National Cancer
Institute, Biovest has developed a patient-specific, cancer vaccine,
BiovaxID®, with three clinical trials completed, including a Phase III
study, demonstrating evidence of safety and efficacy for the treatment
of indolent follicular non-Hodgkin’s lymphoma.
Headquartered in Tampa, Florida with its bio-manufacturing facility
based in Minneapolis, Minnesota, Biovest is publicly-traded on the
OTCQB™ Market with the stock-ticker symbol “BVTI”, and is a
majority-owned subsidiary of Accentia Biopharmaceuticals, Inc. (OTCQB:
“ABPI”).
For further information, please visit:http://www.biovest.com
Forward-Looking Statements:
Statements in this release that are not strictly historical in nature
constitute "forward-looking statements."Such
statements include, but are not limited to statements about BiovaxID®,
AutovaxID®, events occurring after dates hereof, and any other
statements relating to products, product candidates, product development
programs, the FDA or clinical study process including the commencement,
process, or completion of clinical trials or the regulatory process.Such
statements may include, without limitation, statements with respect to
the Company's plans, objectives, expectations and intentions, and other
statements identified by words such as "may," "could," "would,"
"should," "believes," "expects," "anticipates," "estimates," "intends,"
"plans," or similar expressions.Such forward-looking
statements involve known and unknown risks, uncertainties, and other
factors that may cause the actual results of Biovest to be materially
different from historical results or from any results expressed or
implied by such forward-looking statements.These factors
include, but are not limited to, risks and uncertainties related to the
progress, timing, cost, and results of clinical trials and product
development programs; difficulties or delays in obtaining regulatory
approval for product candidates; competition from other pharmaceutical
or biotechnology companies; and the additional risks discussed in
filings with the Securities and Exchange Commission.All
forward-looking statements are qualified in their entirety by this
cautionary statement, and Biovest undertakes no obligation to revise or
update this news release to reflect events or circumstances after the
date hereof. The product names used in this statement are for
identification purposes only. All trademarks and registered trademarks
are the property of their respective owners.

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