September 7, 2018 Peter S. Garcia Chief Financial Officer PDL BioPharma, Inc. 932 Southwood Boulevard Incline Village, Nevada 89451 Re: PDL BioPharma, Inc. Form 10-K for Fiscal Year Ended December 31, 2017 Filed March 16, 2018 File No. 000-19756 Dear Mr. Garcia: We have completed our review of your filings. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Healthcare & Insurance