Press Release: PDL BioPharma Rises on Holder Complaint and ImClone Systems to Host Annual Meeting of Stockholders

PDL BioPharma Rises on Holder Complaint and ImClone Systems to Host Annual Meeting of Stockholders

City of Industry, CA -- Shares of PDL BioPharma recently jumped after the company's largest shareholder, Third Point LLC, again reiterated its call for firing of Chief Executive Mark McDade. The stock rose 80 cents, or 3.1 percent, to $26.37 in morning trading on average volume. Shares have traded between $18 and $27.98 over the last 52 weeks. PDL BioPharma, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of therapies for severe or life-threatening illnesses.

CV Therapeutics, Inc. (Nasdaq: CVTX) recently announced that it will release second quarter financial results for 2007 after the market closes on Monday, July 30, 2007. Company management will webcast a conference call at 5:00 p.m. EDT, 2:00 p.m. PDT, on the company's website. To access the live webcast, please log on to the Company's website at http://www.cvt.com and go to the Investor Information section.

ImClone Systems Incorporated (NASDAQ: IMCL) recently announced that it will host its Annual Meeting of Stockholders on Thursday, August 2, 2007 at 2:00 P.M. at The Helmsley Park Lane Hotel, 36 Central Park South, New York City. ImClone Systems expects to mail proxy statements and voting cards on July 18, 2007 to stockholders of record as of July 6, 2007. Shareholders may call (212) 645-1405 for directions to the meeting.

U.S. BioDefense, Inc. (OTC BB:UBDE) subsidiary Emergency Disaster Systems, Inc. (EDS) announces the launch of its Affiliate Program. Affiliates can earn commission by introducing their clients to the EDS System line of products through their websites and newsletters. "Our new affiliate program is a great opportunity for our vendors and affiliates to promote proven product design to assist families, communities, organizations, corporations, and local governments to recover after disaster or emergency," says David Chin, CEO, U.S. BioDefense, Inc.

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