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Galena Biopharma to Present at the 15th Annual Bio CEO & Investor Conference



Galena Biopharma to Present at the 15th Annual Bio CEO & Investor Conference

LAKE OSWEGO, Ore., Feb. 5, 2013 (GLOBE NEWSWIRE) -- Galena Biopharma
(Nasdaq:GALE), a biotechnology company focused on developing innovative,
targeted oncology treatments addressing major unmet medical needs to advance
cancer care, today announced that Mark J. Ahn, Ph.D., President and Chief
Executive Officer, will present a corporate update at the 15^th Annual BIO CEO
& Investor Conference. The presentation will take place on Monday, February
11th, 2013 at 9:00 AM EST at the Waldorf Astoria Hotel, New York, NY.

The presentation will be webcast and available on the Investors section of the
Company's website at www.galenabiopharma.com.

About Galena Biopharma

Galena Biopharma, Inc. (Nasdaq:GALE) is a Portland, Oregon-based
biopharmaceutical company that develops innovative, targeted oncology
treatments that address major unmet medical needs to advance cancer care. For
more information please visit us at www.galenabiopharma.com.

The Galena Biopharma, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10647

CONTACT: Madeline Hatton
         Toll free: +1 (855) 855-GALE (4253), ext. 109
         info@galenabiopharma.com

         or

         Remy Bernarda
         IR Sense, LLC
         +1 (503) 400-6995
         remy@irsense.com

Galena Biopharma, Inc.
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