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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 IktXpqQW1b0z6NpObVTyeTGJXEOAx1G1h1VOyto0CxkZs1ejehKXYitDarkYGPYo
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<SEC-DOCUMENT>9999999997-06-021126.txt : 20060524
<SEC-HEADER>9999999997-06-021126.hdr.sgml : 20060524
<ACCEPTANCE-DATETIME>20060524114107
<PAPER>
ACCESSION NUMBER:		9999999997-06-021126
CONFORMED SUBMISSION TYPE:	ARS
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051231
FILED AS OF DATE:		20060518
DATE AS OF CHANGE:		20060524
EFFECTIVENESS DATE:		20060518

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PDL BIOPHARMA, INC.
		CENTRAL INDEX KEY:			0000882104
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				943023969
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		ARS
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19756
		FILM NUMBER:		06033635

	BUSINESS ADDRESS:	
		STREET 1:		34801 CAMPUS DR
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94555
		BUSINESS PHONE:		5105741400

	MAIL ADDRESS:	
		STREET 1:		34801 CAMPUS DR
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94555

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROTEIN DESIGN LABS INC/DE
		DATE OF NAME CHANGE:	19930328
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<FILENAME>9999999997-06-021126.paper
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This document was generated as part of a paper submission.
Please reference the Document Control Number 06033635 for access to the original document.
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