Raptor Pharmaceutical appoints Llew Keltner to its board of directors

Oct 1 2009

Raptor Pharmaceutical Corp. ("Raptor" or the "Company") (Nasdaq: RPTPD), today announced the appointment of Llew Keltner, M.D., Ph.D., to the Company's board of directors. Dr. Keltner is currently CEO and President of Light Sciences Oncology, a privately-held biotechnology company developing a late-stage, light-activated therapy for hepatocellular cancer and other solid tumors. He is also CEO of EPISTAT, an international healthcare technology transfer, corporate risk management and healthcare strategy company that he founded in 1972.

Christopher M. Starr, Ph.D., CEO of Raptor stated, "On behalf of the board and the executive management of Raptor, I would like to welcome Dr. Keltner and his extensive industry experience to our team. With over 30 years in the healthcare industry, Dr. Keltner's expertise in cancer and genetic analyses will be extremely valuable as we work to advance our development programs in various indications, including cancers, genetic diseases and liver disorders. Dr. Keltner has also advised health care and financial companies through the challenges of raising capital and obtaining approval of new pharmacologic entities. As a newly NASDAQ-listed company, Raptor is committed to adding talented members to our well-balanced, experienced, board of directors who are and continue to be committed to thoughtfully growing the company in an effort to increase stockholder value."

Dr. Keltner has been CEO and President of Light Sciences Oncology since 2004 and CEO of EPISTAT since 1972. From 1997 to 2004, Dr. Keltner was CEO of Metastat, a development-stage biotech company focused on control of cancer metastasis. He is a director on the boards of Infostat, Oregon Life Sciences, and Goodwell Technologies. Previously, he served on the boards of directors at Light Sciences Corporation, Vital Choice, Thesis Technologies, Oread Companies, and MannKind Corporation. He has also been a scientific advisory board member at Lifetime Corporation, ASB Meditest, Oread Laboratories, Hall-Kimbrell, and aai Pharma.

Dr. Keltner received an M.S. in Epidemiology and Biostatistics; Ph.D. in Biomedical Informatics and an M.D. from Case Western Reserve University in Cleveland, Ohio. He is a member of the American Society of Clinical Oncology ("ASCO"), American Medical Association ("AMA"), International Association of Tumor Marker Oncology, American Association of Clinical Chemistry, and Drug Information Association. Dr. Keltner has also authored several research publications on subjects such as: prenatal diagnosis and effects on parents of a birth defective child; breast and colon tumor markers; clinical due diligence; light activated drug therapy; and the application of laboratory data to improve disease management programs.

Dr. Keltner stated, "As a director on Raptor's board, I look forward to counseling on the design and execution of upcoming clinical trials pertaining to genetic diseases and cancer. I am also pleased to work with the company's talented management team, which has a successful track record in research, development and commercialization, that I believe will serve as a strong foundation as Raptor approaches its pivotal clinical trial for its lead product candidate, DR Cysteamine."