PDL BioPharma Inc.  (Public, NASDAQ:PDLI) -

PDL BioPharma Announces November 2 Webcast of Third Quarter 2006 
Financial Results Conference Call



PDL BioPharma, Inc. (PDL) (Nasdaq: PDLI - News) today announced that 
it will release its financial results for the third quarter 2006 
following the close of the U.S. financial markets on Thursday, 
November 2, 2006. PDL will hold a conference call to discuss these 
financial results, its commercial and clinical activities and its 
forward-looking information and guidance at 4:30 p.m. Eastern time 
on November 2, 2006.
 
 
A live webcast of the conference call will be available through the 
PDL website: 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 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 November 2, 2006 through 
6:30 p.m. Eastern time on December 3, 2006. To access the replay, 
dial 888-203-1112 from inside the U.S. and 719-457-0820 from outside 
the U.S.; enter conference ID number 2444267.

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 product pipeline 
includes investigational compounds in Phase 2 or Phase 3 clinical 
development for inflammation and autoimmune diseases, cardiovascular 
disorders and cancer. The company's research platform is focused on 
the discovery and development of antibodies for the treatment of 
cancer and autoimmune diseases. For more information, please see 
PDL's website at www.pdl.com .

NOTE: PDL BioPharma and the PDL BioPharma logo are considered 
trademarks of PDL BioPharma, Inc.




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Source: PDL BioPharma, Inc.



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