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Non-Hodgkin Lymphoma

Capital investment to be used in part for cancer vaccine development

Published in Cancer Weekly, November 11th, 2003

Biovest International announced the completion of $5 million of capital investment under its April 10, 2003, investment agreement with Accentia, Inc., a Hopkins Capital Group portfolio company.

The recently received capital represents the initial tranche of a multi-year, $20 million investment commitment.

Biovest, which is designated the National Cell Culture Center by the National Institutes of Health, is utilizing a portion of this investment to expand its core businesses of contract biologic production and the manufacture and sale of proprietary cell culture production equipment.

Additionally, a portion of the invested capital...

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