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GPC Biotech Schedules Conference Call on August 8th to Discuss First Half 2006 Financial Results


WEBWIRE –

Martinsried/Munich (Germany), and Waltham, Mass. and Princeton, N.J., August 1, 2006 – GPC Biotech AG (Frankfurt Stock Exchange: GPC; TecDAX index; NASDAQ: GPCB) today announced that it will hold a conference call on Tuesday, August 8, 2006 to discuss its financial results for the first half of 2006 and provide an update on the Company’s business. The results will be published on August 8, 2006 in advance of the conference call.



Participants may listen via live webcast, accessible through the GPC Biotech Web site at www.gpc-biotech.com, or via telephone. A replay will be available via the Web site following the live event. The call, which will be conducted in English, will be held on August 8 at 14:30 CET/8:30 AM EDT.



The dial-in numbers for the call are as follows:



European participants: 0049-69-5007-1846
U.S. participants: 1-866-578-5801 (toll-free)



GPC Biotech AG is a biopharmaceutical company discovering and developing new anticancer drugs. The Company’s lead product candidate – satraplatin – has achieved target enrollment in a Phase 3 registrational trial as a second-line chemotherapy treatment in hormone-refractory prostate cancer. The U.S. FDA has granted fast track designation to satraplatin for this indication, and GPC Biotech has begun the rolling NDA submission process for this compound. GPC Biotech is also developing a monoclonal antibody with a novel mechanism-of-action against a variety of lymphoid tumors, currently in Phase 1 clinical development, and has ongoing drug development and discovery programs that leverage its expertise in kinase inhibitors. GPC Biotech AG is headquartered in Martinsried/Munich (Germany). The Company’s wholly owned U.S. subsidiary has sites in Waltham, Massachusetts and Princeton, New Jersey. For additional information, please visit the Company’s Web site at www.gpc-biotech.com.

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