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PDL BioPharma Announces Participation at the 2007 Deutsche Bank Health care Conference and Webcast Presentation on May 3

    FREMONT, Calif., May 2 /PRNewswire-FirstCall/ -- PDL BioPharma, Inc.
(PDL) (Nasdaq: PDLI) today announced that Andrew Guggenhime, senior vice
president and chief financial officer, will present at the 32nd Annual
Deutsche Bank Health Care Conference in Washington, D.C. on Thursday, May
3, 2007, at 3:15 p.m. Eastern time.
    The live webcast of the presentation will be available through the PDL
website: http://www.pdl.com. Please connect to this website at least 15 minutes
prior to the live webcast to allow time for any software download that may
be needed to hear the webcast. A replay will be available at http://www.pdl.com
starting approximately one hour after completion of the webcast.
    About PDL BioPharma
    PDL BioPharma, Inc. is a biopharmaceutical company focused on
discovering, developing and commercializing innovative therapies for severe
or life-threatening illnesses. Commercially focused in the acute-care
hospital setting, PDL markets and sells its portfolio of leading products
in the United States and Canada. A pioneer of antibody humanization
technology, PDL promotes this technology through licensing agreements and
clinical development of its own diverse pipeline of investigational
compounds. PDL's research platform centers on the discovery and development
of antibodies to treat cancer and autoimmune diseases. For more
information, please visit http://www.pdl.com.
    NOTE: PDL BioPharma and the PDL logo are considered trademarks of PDL
BioPharma, Inc.


SOURCE PDL BioPharma, Inc.




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  • http://www.pdl.com/
    CONTACT:
    Ami Knoefler, Corporate and Investor
    Relations, +1-510-284-8851, or ami.knoefler@pdl.com, or Jean
    Suzuki, Investor Relations, +1-510-574-1550, or
    jean.suzuki@pdl.com, both of PDL BioPharma