News Release Details

Peregrine Pharmaceuticals to Present at the Rodman & Renshaw 10th Annual Healthcare Conference

November 5, 2008 at 12:00 AM EST

TUSTIN, Calif., Nov 05, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Peregrine Pharmaceuticals, Inc. (Nasdaq: PPHM) today announced that senior management will present at the Rodman & Renshaw 10th Annual Healthcare Conference on Tuesday, November 11, 2008 at 2:00 pm ET. The conference will be held at the New York Palace Hotel in New York City.

For more information about this conference, please visit: http://www.rodmanandrenshaw.com/conferences?id=19

About Peregrine Pharmaceuticals

Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a portfolio of innovative product candidates in clinical trials for the treatment of cancer and serious virus infections. The company is pursuing three separate clinical programs in cancer and HCV infection with its lead product candidates bavituximab and Cotara(R). Peregrine also has in-house manufacturing capabilities through its wholly owned subsidiary Avid Bioservices, Inc. (http://www.avidbio.com), which provides development and bio-manufacturing services for both Peregrine and outside customers. Additional information about Peregrine can be found at http://www.peregrineinc.com.

     Contacts:
     GendeLLindheim BioCom Partners
     Investors                              Media
     info@peregrineinc.com                  Barbara Lindheim
     (800) 987-8256                         (212) 918-4650

SOURCE Peregrine Pharmaceuticals, Inc.

http://www.peregrineinc.com

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