CAMBRIDGE, Mass., March 12 /PRNewswire-FirstCall/ -- Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM) today announced that its presentation at the Eleventh Annual Lehman Brothers Global Healthcare Conference will be webcast live and may be accessed by visiting the Investors section of the Company's website, www.millennium.com.

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The presentation will include an update on VELCADE(R) (bortezomib) for Injection and product candidates in the development pipeline. The presentation will be delivered at 8:30 a.m. ET on Wednesday, March 19, 2008 from the Loews Miami Beach Hotel in Miami, FL. The presentation will be archived for 30 days.

About Millennium

Millennium Pharmaceuticals, Inc., a leading biopharmaceutical company based in Cambridge, Mass., markets VELCADE(R) (bortezomib) for Injection, a novel cancer product, and has a robust clinical development pipeline of product candidates. The Company's research, development and commercialization activities are focused in two therapeutic areas: oncology and inflammation. By applying its knowledge of the human genome, understanding of disease mechanisms and industrialized drug discovery platform, Millennium is developing an exciting pipeline of innovative product candidates. The Company's website is www.millennium.com.

Editors' Note: This press release is also available under the Media section of the Company's website at: www.millennium.com.

Contact:

Kyle Kuvalanka

(617) 761-4734

SOURCE Millennium Pharmaceuticals, Inc.