Biovest International, Inc. operates in the Pharmaceutical preparations sector. Biovest International, Inc. (Biovest) operates through three primary business segments: development of BiovaxID and other B-cell blood cancer vaccines; the manufacture and sale of AutovaxID and other instruments and consumables, and commercial production of cell culture products and services. The Company through its collaboration with the National Cancer Institute (NCI), is developing BiovaxID as a personalized therapeutic cancer vaccine for the treatment of non-Hodgkin's lymphoma, specifically follicular lymphoma (FL), mantle cell lymphoma (MCL) and other B-cell blood cancers. Three clinical trials conducted under the Company's Investigational New Drug Application (IND) have studied BiovaxID in non-Hodgkin's lymphoma. These studies include a Phase II clinical trial and a Phase III clinical trial in patients with FL, as well as, a Phase II clinical trial in MCL patients. As of September 30, 2010, Biovest is a 75% owned subsidiary of Accentia Biopharmaceuticals, Inc. (Accentia). In
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