OXiGENE Announces Clinical Trials Data to be Presented At the 7th International
Conference On Head and Neck Cancer
WALTHAM, Mass., July 17, 2008 (PRIME NEWSWIRE) -- OXiGENE, Inc. (Nasdaq:OXGN)
(Stockholm:OXGN), a clinical-stage, biopharmaceutical company developing novel
therapeutics to treat cancer and eye diseases, announced today that data from
clinical trials with its vascular disrupting agent (VDA) product candidate,
fosbretabulin (referred to as combretastatin A4-phosphate / CA4P), will be
presented at the upcoming 7th International Conference on Head and Neck Cancer
in San Francisco, CA, July 19-23, 2008.
Paper Presentation:
Abstract #S304: PHASE II STUDY OF COMBRETASTATIN A4 PHOSPHATE
(CA4P) IN PATIENTS WITH ADVANCED ANAPLASTIC THYROID CARCINOMA
(ATC) Poster presentation by Panos Savvides, M.D., PhD, MPH, Case
Comprehensive Cancer Center, Cleveland, OH, on Tuesday,
July 22nd, 2008. Clinical: Thyroid IV, moderated by M. Boyd
Gillespie, MD, MS and Johan Wennerberg, MD, PhD, Yerba Salon 1-3,
1:30-3:00 p.m.
About ZYBRESTAT
ZYBRESTAT (fosbretabulin) is currently being evaluated in a pivotal
registration study as a potential treatment for anaplastic thyroid cancer (ATC)
under a Special Protocol Assessment agreement with the U.S. Food and Drug
Administration (FDA). Phase II studies in platinum-resistant ovarian cancer and
non-small cell lung cancer are also ongoing. OXiGENE believes that ZYBRESTAT is
poised to become the first therapeutic product in a novel class of
small-molecule drug candidates called vascular disrupting agents (VDAs).
Through interaction with vascular endothelial cell cytoskeletal proteins,
ZYBRESTAT selectively targets and collapses tumor vasculature, thereby
depriving the tumor of oxygen and causing death of tumor cells. In clinical
studies in solid tumors, ZYBRESTAT has demonstrated potent and selective
activity against tumor vasculature, as well as clinical activity against ATC,
ovarian cancer, and various other solid tumors. In clinical studies in patients
with forms of macular degeneration, intravenously-administered ZYBRESTAT has
demonstrated clinical activity, and the Company is working to develop a
convenient and patient-friendly topical formulation of ZYBRESTAT for
ophthalmological indications.
About OXiGENE
OXiGENE is a clinical-stage biopharmaceutical company developing novel
therapeutics to treat cancer and eye diseases. The company's major focus is
developing VDAs that selectively disrupt abnormal blood vessels associated with
solid tumor progression and visual impairment. OXiGENE is dedicated to
leveraging its intellectual property and therapeutic development expertise to
bring life-extending and -enhancing medicines to patients.
The OXiGENE, Inc. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=4969
Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Any or all of the
forward-looking statements in this press release may turn out to be wrong.
Forward-looking statements can be affected by inaccurate assumptions OXiGENE
might make or by known or unknown risks and uncertainties, including, but not
limited to, enrollment rate for patients in the ZYBRESTAT pivotal trial for
anaplastic thyroid cancer, interim analysis of the same, timing of the IND
filing and Phase I trial initiation for topical ZYBRESTAT, timing of a Phase II
clinical trial of ZYBRESTAT and bevacizumab in NSCLC, timing or execution of a
strategic collaboration on any product or indication, and cash utilization
rates for 2008. Additional information concerning factors that could cause
actual results to materially differ from those in the forward-looking
statements is contained in OXiGENE's reports to the Securities and Exchange
Commission, including OXiGENE's reports on Form 10-K, 10-Q and 8-K. However,
OXiGENE undertakes no obligation to publicly update forward-looking statements,
whether because of new information, future events or otherwise. Please refer to
our Annual Report on Form 10-K for the fiscal year ended December 31, 2007.
CONTACT: OXiGENE, Inc.
Investor and Media Contact:
Michelle Edwards, Investor Relations
415-315-9413
medwards@oxigene.com
OXiGENE Announces Clinical Trials Data to be Presented At the 7th International Conference On Head and Neck Cancer
| Source: Oxigene, Inc.