Accentia Biopharmaceuticals, Inc. announced today the pricing of its initial
public offering of 2,400,000 shares of its common stock at a price to the public
of $8.00 per share. All of the shares are being offered by Accentia. In addition,
Accentia has granted to the underwriters a 30-day option to purchase up to an
additional 360,000 shares to cover over-allotments, if any. Accentia's common
stock will be listed on the Nasdaq National Market under the symbol "ABPI."
The offering is expected to close on November 2, 2005.