MATEON THERAPEUTICS, INC. (OTCMKTS:MATN) Files An 8-K Other Events

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MATEON THERAPEUTICS, INC. (OTCMKTS:MATN) Files An 8-K Other Events

Item8.01

Other Events.

On June7, 2017, Mateon Therapeutics, Inc. (Mateon) issued a press
release announcing the U.S. Food and Drug Administrations grant
of Fast Track designation to Mateons product candidate OXi4503
for the treatment of acute myeloid leukemia.

A copy of the press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference.

Item9.01 Financial Statements and Exhibits.

The following exhibit is furnished with this report:

ExhibitNumber

Description

99.1 Press Release dated June 7, 2017.


About MATEON THERAPEUTICS, INC. (OTCMKTS:MATN)

Mateon Therapeutics, Inc., formerly OXiGENE, Inc., is a biopharmaceutical company. The Company is focused on the development of vascular disrupting agents (VDAs) for the treatment of cancer. The Company is engaged in developing two clinical stage investigational drugs: VDAs-CA4P and OXi4503. Its lead compound is CA4P, which is also known as combretastatin A4-phosphate, fosbretabulin tromethamine, fosbretabulin and ZYBRESTAT. VDAs selectively targets the vasculature of cancer tumors and obstructs a tumor’s blood supply without disrupting the blood supply to normal tissues. VDAs are in a class of drugs called vascular targeted therapies (VTTs), which also includes anti-angiogenic agents (AAs). CA4P is a reversible tubulin binding agent that selectively targets the endothelial cells that make up the blood vessel walls in solid tumors. The Company is pursuing the development of a product candidate, OXi4503, which is a dual-mechanism VDA.