Biovest International, Inc. (OTCQB: BVTI), a majority-owned subsidiary of Accentia Biopharmaceuticals, Inc. (OTCQB: ABPI), today announced that it appointed Sattva S. Neelapu, M.D., Associate Professor, Department of Lymphoma/Myeloma, Division of Cancer Medicine at The University of Texas MD Anderson Cancer Center to Biovest’s Scientific Advisory Board.

Earlier this year, Dr. Neelapu presented on BiovaxID™, Biovest’s personalized cancer vaccine for the treatment of non-Hodgkin’s lymphoma, at a number of meetings with European national medicine agencies that led to Biovest’s decision to seek marketing approval in Europe. Supported via a grant awarded by the National Institutes of Health (NIH), Dr. Neelapu is also conducting additional analysis from the BiovaxID Phase III clinical trial. With a specialized focus on tumor immunology and cancer vaccines, Dr. Neelapu is the recipient of numerous awards from the American Society of Clinical Oncology (ASCO), American Association for Cancer Research (AACR) and U.S. National Cancer Institute (NCI).

In other news, Biovest announced that it will recognize the importance of World Lymphoma Awareness Day on September 15th by presenting and exhibiting at a patient/caregiver educational symposium in Chicago titled, “Follicular Lymphoma: On the Road to a Cure”. On the agenda, Stephen J. Schuster, M.D. is scheduled to discuss the emerging role of cancer vaccines to improve outcomes in the treatment of lymphoma. Dr. Schuster serves as the Robert and Margarita Louis-Dreyfus Associate Professor in Chronic Lymphocytic Leukemia and Lymphoma Clinical Care and Research and Director of the Lymphoma Program at the Abramson Cancer Center of the University of Pennsylvania. He also serves on Biovest’s Scientific Advisory Board and has been instrumental in the clinical development of BiovaxID, presenting vaccine trial results at major peer-review cancer meetings including at the American Society of Clinical Oncology (ASCO) and at the American Society of Hematology (ASH).

For more information on the “Road to a Cure” lymphoma event, please visit: http://www.road2cure.com/

Biovest’s President & CEO, Samuel S. Duffey, stated, “With the addition of Dr. Neelapu, we continue to assemble a world-class Scientific Advisory Board. To have such an accomplished group of key opinion leaders contributing to the advancement of BiovaxID is a testament to the science and potential of our personalized cancer vaccine technology and reflects a commitment to improve treatment outcomes for lymphoma patients.”

Biovest also reported that a multi-part series of articles are being published on the website, www.LymphomaInfo.net, highlighting the promise of BiovaxID as a personalized cancer vaccine for the treatment of non-Hodgkin’s lymphoma. The articles can be accessed in the Media Center at Biovest’s corporate website at: http://www.biovest.com/investor-relations/media-center

About Biovest International, Inc.

Biovest International, Inc. develops active immunotherapies (cancer vaccines) which treat and diminish the aggressiveness of B-cell non-Hodgkin’s lymphoma, a cancer of the immune system. The Company’s lead personalized cancer vaccine product candidate, BiovaxID™, has been evaluated in three clinical trials conducted in collaboration with the U.S. National Cancer Institute (NCI) demonstrating that BiovaxID increases the duration of cancer remission following chemotherapy and induces immune responses which correlate highly with long-term survival. Biovest is currently in the process of pursuing European and Canadian marketing approvals for BiovaxID.

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 press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements about Biovest and its product candidate, BiovaxID™ and any other statements relating to products, product candidates, product development programs, the FDA, the EMA, Health Canada 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. In particular (and without limitation), statements regarding the timing of anticipated filing of a Marketing Authorization Application for BiovaxID with the EMA or a New Drug Submission for BiovaxID with Health Canada, pre-filing meetings with the FDA or other jurisdictions and/or commercial plans reflect current expectations but are subject to inherent risks of delay in compilation and finalization of all components of the licensing application. 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.