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SGX Pharmaceuticals Updates Date of Presentation at the BIO InvestorForum 2007

SAN DIEGO, Oct. 8 /PRNewswire-FirstCall/ -- SGX Pharmaceuticals, Inc. (Nasdaq: SGXP) will be presenting at the BIO InvestorForum on October 11, 2007, at 1:00 p.m. Pacific Daylight Time. Mike Grey, president and chief executive officer of SGX Pharmaceuticals, will provide an overview of the Company's oncology pipeline. The conference is being held October 9th through the 11th at the Palace Hotel in San Francisco.

A live webcast of the presentation will be available under the investor relations section of the Company's website at Replays of the presentation will be available for 90 days following the event. Please connect to the Company's website several minutes prior to the start of the broadcast to ensure adequate time for any software download that may be necessary.

About SGX Pharmaceuticals

SGX Pharmaceuticals is a biotechnology company focused on the discovery, development and commercialization of innovative cancer therapeutics. The SGX oncology pipeline includes drug candidates from its enabling, proprietary FAST (TM) drug discovery platform, such as next generation BCR-ABL inhibitors, MET tyrosine kinase inhibitors, including SGX523, and potent JAK2 inhibitors. More information on the pipeline and drug discovery platform can be found at and in the Company's various filings with the Securities and Exchange Commission.

SOURCE SGX Pharmaceuticals, Inc.
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