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Onyx Pharmaceuticals Announces Second Quarter 2006 Financial Results Teleconference and Webcast.

EMERYVILLE, Calif., Aug. 1 /PRNewswire-FirstCall/ -- Onyx Pharmaceuticals, Inc. today announced that it will webcast a teleconference with management to discuss second quarter 2006 financial results and provide a general business overview on Tuesday, August 8, 2006, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Financial results for the second quarter ended June 30, 2006 will be released earlier that day.

Interested parties may access a live webcast of the presentation at: http://audioevent.mshow.com/304127/

or by dialing 706-758-9355 and using the passcode 2795401. A replay of the presentation will be available on the Onyx website or by dialing 706-645-9291 and using the passcode 2795401 approximately one hour after the teleconference concludes. The replay will be available through September 8, 2006.

Onyx Pharmaceuticals is engaged in the development of novel cancer therapies that target the molecular basis of cancer. With its collaborators, the company is developing small molecule drugs, including Nexavar(R) (sorafenib) tablets with Bayer Pharmaceuticals Corporation. For more information about Onyx's pipeline and activities, visit the company's website at http://www.onyx-pharm.com/.

NOTE: Nexavar(R) (sorafenib) tablets is a registered trademark of Bayer Pharmaceuticals Corporation.

CONTACT: Alex Santos, +1-510-597-6504, for Onyx Pharmaceuticals, Inc.

Web site: http://www.onyx-pharm.com/
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Geographic Code:1USA
Date:Aug 1, 2006
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