PORT HUENEME, CA--(Marketwired - Jul 9, 2015) - Stellar Biotechnologies, Inc. ("Stellar" or the "Company") (OTCQB: SBOTF) (TSX VENTURE: KLH), a leading provider of Keyhole Limpet Hemocyanin (KLH) protein, a crucial component for the development of many novel immunotherapies, today announced that it has retained New York City-based investor and public relations agency The Ruth Group as its strategic communications advisors.
"The Ruth Group has impressive knowledge of the life science sector, and more specifically immunotherapy, in such a way that we are confident in their ability to communicate our story to our investors, the media and scientific communities crucial to our growing success as a leading provider of the KLH protein," said Frank Oakes, Chairman, President and CEO of Stellar Biotechnologies. "We expect The Ruth Group to work with us as a trusted partner and we look forward to advancing our company further as a result of their anticipated guidance."
Stellar's relationship with TRG is effective immediately. The companies have agreed to a standard time and cash fee structure for services rendered. The Ruth Group will receive a fee of US $8,500 per month for a minimum of seven months through January 31, 2016. Stellar may cancel the agreement after the initial seven-month term upon 30 days written notice. TRG does not have any interest, directly or indirectly, in Stellar or our securities, or any right or intent to acquire such an interest in connection with the provision of the services or otherwise.
About Stellar Biotechnologies, Inc.
Stellar Biotechnologies, Inc. (OTCQB: SBOTF) (TSX VENTURE: KLH) is the leader in sustainable manufacture of Keyhole Limpet Hemocyanin (KLH), an important immune-stimulating protein used in wide-ranging therapeutic and diagnostic markets. KLH is both an active pharmaceutical ingredient (API) in many new immunotherapies (targeting cancer, immune disorders, Alzheimer's, and inflammatory diseases) as well as a finished product for measuring immune status. Stellar Biotechnologies is unique in its proprietary methods, facilities, and KLH technology. We are committed to meeting the growing demand for commercial-scale supplies of GMP grade KLH, ensuring environmentally sound KLH production, and developing KLH-based active immunotherapies.
Visit www.stellarbiotech.com and the Stellar KLH knowledge base www.klhsite.org.
About The Ruth Group
Ruth Group (TRG) is a leading strategic communications firm focused exclusively on the healthcare industry. Founded in 1999, TRG provides investor and public relations counsel and services to a diverse group of innovative healthcare companies. TRG is laser-focused on life sciences and biotechnology, medical technology and tools/diagnostics, and healthcare services/HCIT. TRG's strong track record of success has been achieved through its breadth and depth of healthcare expertise, deep Wall Street relationships, integrated PR capabilities and comprehensive team approach.
Forward Looking Statements
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