Avalon to Release Second Quarter 2006 Financial Results on August 8, 2006

GERMANTOWN, Md., July 31  /PRNewswire-FirstCall/ -- Avalon Pharmaceuticals, Inc. (Nasdaq and NYSE Arca: AVRX) today announced that it is scheduled to release financial results for the second quarter and year to date of 2006, on Tuesday, August 8, 2006 after the close of the U.S. financial markets.  The Company will host a conference call on Wednesday, August 9, 2006 at 8:00 a.m. Eastern Time to provide a company update and discuss the financial results for the quarter. Interested investors, analysts, members of the media and the general public can listen to the call live over the Internet from the investor section of the Company's website or by dialing the numbers listed below.

  Conference Call Details:
  ------------------------
  Dial-In:               866.314.4865 (U.S.)
                         617.213.8050 (International)
                         Passcode:  45355581

  Webcast:               Please go to http://www.avalonrx.com/, Investors,
                         within 15 minutes prior to the call and select the
                         webcast link.  The conference call replay will be
                         available through September 30, 2006 on Avalon's
                         website (http://www.avalonrx.com/).

  About Avalon Pharmaceuticals


Avalon Pharmaceuticals is a biopharmaceutical company focused on the discovery and development of small molecule therapeutics. Avalon seeks to discover and develop novel therapeutics through the use of a comprehensive, innovative and proprietary suite of technologies based upon large-scale gene expression analysis which it calls AvalonRx(R). Avalon Pharmaceuticals was established in 1999 and is headquartered in Germantown, Maryland. 

DATASOURCE: Avalon Pharmaceuticals, Inc.



CONTACT:  Gary Lessing, Executive Vice President and CFO of Avalon

Pharmaceuticals, Tel: [phone], Fax: [phone], or Email:





Web site:  http://www.avalonrx.com/

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