OXiGENE Announces Third Quarter 2008 Earnings Conference Call and Webcast


OXiGENE Announces Third Quarter 2008 Earnings Conference Call and Webcast

WALTHAM, MA - October 30,  2008 -- OXiGENE, Inc. (NASDAQ: OXGN, XSSE: OXGN), a
clinical-stage, biopharmaceutical company developing novel therapeutics to
treat cancer and eye diseases, will report third quarter 2008 results on
Wednesday, November 5, 2008.  A conference call and webcast hosted by OXiGENE
management will begin at 2:00 p.m. EDT (11:00 a.m. PDT). 
To listen to a live or an archived version of the audio webcast, please log on
to the Company's website, www.oxigene.com.  Under the "Investor Center" tab,
select the link to "Presentations & Conference Calls." 
OXiGENE's earnings conference call can also be heard live by dialing (866)
564-7442 in the United States and Canada, and (719) 234-0008 for international
callers, five minutes prior to the beginning of the call. A replay will be
available starting at 5:00 p.m., EDT (2:00 p.m., PDT) on November 5, 2008 and
ending at 5:00 p.m. EDT (2:00 p.m., PDT) on Wednesday, November 12, 2008. To
access the replay, please dial (888) 203-1112 if calling from the United States
or Canada, or (719) 457-0820 from international locations.  Please refer to
replay pass code 3419244. 

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 vascular disrupting agents (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 
life-enhancing medicines to patients.