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PDL BioPharma Announces August 1 Webcast of Second Quarter Financial Results Conference Call

    FREMONT, Calif., July 18 /PRNewswire-FirstCall/ -- PDL BioPharma, Inc.
(PDL) (Nasdaq: PDLI) today announced that it will release its financial
results for the second quarter of 2007 following the close of the U.S.
financial markets on Wednesday, August 1, 2007. PDL will hold a conference
call at 4:30 p.m. Eastern time on August 1, 2007 to discuss the company's
performance during the second quarter and first half of 2007, and provide
an update on progress towards its full-year 2007 objectives.
    A webcast of the conference call will be available through the PDL
website: http://www.pdl.com. Please connect to this website at least 15
minutes prior to the webcast to allow time for any software download that
may be needed to hear the webcast. Financial and statistical information to
be discussed in the call will be available on the PDL website immediately
prior to the commencement of the call. A replay will be available at
http://www.pdl.com starting approximately one hour after completion of the
webcast.
    An audio replay will also be available by telephone from approximately
6:30 p.m. Eastern time on August 1, 2007 through 6:30 p.m. Eastern time on
September 1, 2007. To access the replay, dial 800-642-1687 from inside the
U.S. or 706-645-9291 from outside the U.S. and enter conference ID number
6350281, when prompted.
    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 commercial
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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Related links:
  • http://www.pdl.com/
    CONTACT:
    Ami Knoefler, Corporate and Investor
    Relations, +1-510-284-8851, ami.knoefler@pdl.com, or Jean Suzuki,
    Investor Relations, +1-510-574-1550, jean.suzuki@pdl.com, both of
    PDL BioPharma, Inc.