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Nile Therapeutics to Present at Two Upcoming Investor Conferences
Date:11/3/2008

SAN FRANCISCO, Nov. 3 /PRNewswire-FirstCall/ -- Nile Therapeutics, Inc., (Nasdaq: NLTX), announced today that Peter Strumph, Chief Executive Officer, will present at the following upcoming investor conferences:

-- Rodman & Renshaw 10th Annual Healthcare Conference at 2:25 p.m. ET in the Kennedy II room on Monday, November 10, 2008 at The Palace Hotel in New York, NY.

-- Lazard Capital Markets 5th Annual Healthcare Conference at 9:00 a.m. ET on Wednesday, November 19, 2008 in the La Maisonette I room at The St. Regis Hotel in New York, NY.

Mr. Strumph will provide an overview of Nile and an update on its clinical development programs, including interim data from Nile's Phase 2a study for its lead compound, CD-NP, a novel chimeric peptide for the treatment of heart failure.

About Nile Therapeutics

Nile Therapeutics, Inc. is a clinical-stage biopharmaceutical company that develops innovative products for the treatment of cardiovascular disease and other areas of unmet medical need. Nile is initially focusing its efforts on developing its lead compound, CD-NP, a novel rationally designed chimeric peptide in clinical studies for the treatment of heart failure; 2NTX-99, a small molecule, pre-clinical, anti-atherothrombotic agent with nitric oxide donating properties; and CU-NP, a novel rationally designed natriuretic peptide. A key component of the company's strategy is to acquire the global rights to additional compounds to expand its portfolio. More information on Nile can be found at http://www.nilethera.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involv
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SOURCE Nile Therapeutics, Inc.
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