Onyx Pharmaceuticals Announces Second Quarter 2005 Financial Results Webcast And Teleconference

Contacts:
Julie Wood               Alex Santos
510-597-6505         510-597-6504

Onyx Pharmaceuticals, Inc. (Nasdaq: ONXX) today announced that it will webcast a teleconference discussing its second quarter 2005 financial results on Thursday, August 4, 2005, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).  Financial results for the second quarter ended June 30, 2005 will be released earlier that day.

Interested parties may access a live webcast of the presentation at:

http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=112065&eventID=1102879

or by dialing 617-213-8853 and using the passcode 88307639.  A replay of the presentation will be available on the Onyx website or by dialing 617-801-6888 and using the passcode 98568332 approximately one hour after the teleconference concludes.  The replay will be available through September 4, 2005. 

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 sorafenib with Bayer Pharmaceuticals Corporation.   For more information about Onyx’s pipeline and activities, visit the company’s website at www.onyx-pharm.com.

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