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OXIGENE APPOINTS PATRICIA WALICKE AS CHIEF MEDICAL OFFICER.

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(BW)(MA-OXIGENE)(OXGN)(OXGN.ST) OXiGENE Appoints Patricia Walicke, M.D., Ph.D. as Chief Medical Officer

Drug Development Veteran to Oversee Clinical Development

Health Editors

WALTHAM, Mass.--(BUSINESS WIRE)--July 31, 2007--OXiGENE, Inc. (NASDAQ: OXGN, XSSE: OXGN), a clinical stage, biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases, has named Patricia Walicke, M.D., Ph.D., as Chief Medical Officer and Vice President.

"Dr. Walicke's scientific expertise and extensive drug development experience span the entire drug development process, from IND filings, translational medicine, and Phase I work, through Phase II and III studies and approval," said Richard Chin, M.D., President and Chief Executive Officer of OXiGENE. "Dr. Walicke will be a tremendous asset to OXiGENE as we continue to advance our drug development programs."

"Vascular disrupting agents address a common pathophysiologic mechanism and therefore have the potential to help people with a variety of diseases. I am excited to build upon the strong foundation of basic and clinical research already established at OXiGENE, and to work with the company's talented team," said Dr. Walicke.

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Source: HighBeam Research, OXIGENE APPOINTS PATRICIA WALICKE AS CHIEF MEDICAL OFFICER.

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