SAN DIEGO--(BUSINESS WIRE)--Metabasis Therapeutics, (Nasdaq: MBRX) announced today that it will host a conference call and live webcast on Thursday, May 1, 2008 at 4:30 p.m. Eastern Time to discuss its financial results for the first quarter of 2008. Dr. Paul Laikind, president and chief executive officer and Mr. John Beck, senior vice president of finance and chief financial officer, will participate in the call.