FREMONT, Calif., July 25 /PRNewswire-FirstCall/ -- PDL BioPharma, Inc.
(PDL) (Nasdaq: PDLI) today announced that it will release its financial
results for the second quarter 2006 following the close of the U.S.
financial markets on Thursday, August 3, 2006. PDL will hold a conference
call to discuss these financial results, its commercial and clinical
activities and its outlook at 4:30 p.m. Eastern time on August 3, 2006.
Mark McDade, Chief Executive Officer, Andrew Guggenhime, Sr. Vice President
and Chief Financial Officer, and Steven Benner, M.D., Sr. Vice President
and Chief Medical Officer, will participate in the call.
A live webcast of the call will be available through the PDL BioPharma
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. 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 3, 2006 through 6:30 p.m. Eastern time on
September 3, 2006. To access the replay, dial 888-203-1112 from inside the
United States and 719-457-0820 from outside the United States; enter
conference ID number 2728524.
About PDL BioPharma
PDL BioPharma, Inc. is a biopharmaceutical company focused on
discovering, developing and commercializing innovative therapies for severe
or life-threatening illnesses. The company currently markets and sells a
portfolio of leading products in the acute-care hospital setting in the
United States and Canada and generates royalties through licensing
agreements with top-tier biotechnology and pharmaceutical companies based
on its pioneering antibody humanization technology. Currently, PDL's
diverse late-stage product pipeline includes six investigational compounds
in Phase 2 or Phase 3 clinical development for hepatorenal syndrome,
inflammation and autoimmune diseases, cardiovascular disorders and cancer.
For more information, please see PDL's website at http://www.pdl.com.
NOTE: PDL BioPharma and the PDL BioPharma 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, or ami.knoefler@pdl.com, or Jean Suzuki, Product Communications, +1-510-574-1550, or jean.suzuki@pdl.com, both of PDL BioPharma, Inc.
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