Biovest International, Inc. Receives Positive Opinion On Application For Orphan Medicinal Product Designation By European Agency

TAMPA, Fla. & WORCHESTER, Mass.--(BUSINESS WIRE)--July 31, 2006--Biovest International, Inc. (OTCBB: BVTI - News), a majority-owned subsidiary of Accentia Biopharmaceuticals, Inc. (NASDAQ: ABPI - News), has received official notification from the Committee on Orphan Medical Products (COMP) of the European Medicines Agency (EMEA;www.emea.eu.int/) that a positive opinion was made regarding the application for orphan medicinal product designation for BiovaxID(TM) the Company's autologous immunotherapy for the treatment of follicular lymphoma in the European Union (EU).
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