Generex Biotechnology Corporation Announces Treatment of First Breast Cancer Patients in Phase II Clinical Trial

WORCESTER, MA -- (MARKET WIRE) -- May 02, 2007 -- Generex Biotechnology Corporation (NASDAQ: GNBT) announced today that the first patients have been treated in a Phase II clinical trial of its novel immunotherapeutic vaccine AE37 being developed by Generex’s wholly owned Antigen Express subsidiary. The trial is being conducted with the United States Military Cancer Institute’s (USMCI) Clinical Trials Group pursuant to a Clinical Trial Agreement under the direction of COL George Peoples, M.D. The endpoint for this study is the rate of relapse in patients with node-positive or high-risk node-negative breast cancer after two years.

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