Raptor Pharmaceutical Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Raptor Pharmaceutical Corp.

today announced that on January 15, 2015, a majority of the independent members of the Company's Board of Directors approved inducement stock option awards to new hire employees pursuant to the Raptor Pharmaceutical Corp. 2014 Employment Commencement Stock Incentive Plan. The plan was approved by the Board of Directors under Rule 5635(c)(4) of the Nasdaq Global Select Market for equity grants to induce new employees to enter into employment with the Company. The grants consisted of stock options to purchase an aggregate of 460,125 shares of the Company's common stock to seven employees, including an option to purchase 165,000 shares each to Michael P. Smith, Chief Financial Officer, and Krishna R. Polu, M.D., Chief Medical Officer. Each has an exercise price per share of $9.98, the closing price on the trading date immediately prior to the grant date.