PharmaNet Development Group, Inc. to Present at the Bear Stearns 19th Annual Healthcare Conference on Monday, September 11, 200

PharmaNet Development Group, Inc. (NASDAQ: PDGI) today
announced that Jeffrey P. McMullen, president and chief executive
officer, will present at the Bear Stearns 19th Annual Healthcare
Conference at 8:00 a.m. EDT on Monday, September 11, 2006. The
conference will take place at the Grand Hyatt in New York, NY.
   A live audio webcast of the presentation will be accessible
through the "webcasts" section of PharmaNet's Web site at
www.pharmanet.com. The replay of the webcast will be available within
12 hours of the live presentation and will remain available for 30
days following the conference.

   About PharmaNet Development Group, Inc.

   PharmaNet Development Group, Inc. is an international drug
development services company offering a comprehensive range of
clinical development, clinical and bioanalytical laboratory, and
consulting services to the branded pharmaceutical, biotechnology,
generic drug and medical device industries. PharmaNet Development
Group, Inc. has more than 30 offices, facilities and laboratories with
more than 2,000 employees strategically located throughout the world.
For more information, visit the Company's Web site at
http://www.pharmanet.com.