Notice Of Conference Call And Webcast; Third Quarter 2006 Financial Results For Angiotech Pharmaceuticals, Inc.

VANCOUVER, Oct. 19 /PRNewswire-FirstCall/ - Angiotech Pharmaceuticals, Inc. , a global specialty pharmaceutical and medical device company, will host a conference call discussing its financial results for the third quarter ended September 30, 2006.

Wednesday, November 1, 2006 at 11:00 AM (EDT) (8:00 AM Pacific, 9:00 AM Mountain, 10:00 AM Central) Dial information is as follows: North America (toll-free): 1-866-383-8009 International: 1-617-597-5342 Enter passcode: 46166141

A live webcast will be available to all interested parties through Angiotech’s website at www.angiotech.com under the Investors Relations section.

A press release announcing Angiotech’s financial results will be issued prior to the conference call at approximately 8:00 AM EDT (5:00 AM Pacific, 6:00 AM Mountain, 7:00 AM Central).

A replay archive of the conference call will be available until November 8, 2006.

Replay archive information is as follows: North America: 1-888-286-8010 International: 1-617-801-6888 Enter passcode: 95682560 About Angiotech Pharmaceuticals

Angiotech Pharmaceuticals, Inc. is a global specialty pharmaceutical and medical device company with 14 facilities in 6 countries and over 1,500 dedicated employees. Angiotech discovers, develops and markets innovative treatment solutions for diseases or complications associated with medical device implants, surgical interventions and acute injury. To find out more about Angiotech Pharmaceuticals, Inc. , please visit our website at www.angiotech.com.

Angiotech(R) is a trademark of Angiotech Pharmaceuticals, Inc. and its

subsidiaries. All rights reserved.

CONTACT: Analysts and Institutional Investors: Deirdre Neary, Manager, Investor Relations, Angiotech Pharmaceuticals, Inc., (604) 222-7056, dneary@angio.com; Media and Retail Investors: Jodi Regts, Manager, Corporate Communications, Angiotech Pharmaceuticals, Inc., (604) 221-7930, jregts@angio.com

Angiotech Pharmaceuticals, Inc.

CONTACT: Analysts and Institutional Investors: Deirdre Neary, Manager,Investor Relations, Angiotech Pharmaceuticals, Inc., (604) 222-7056,dneary@angio.com; Media and Retail Investors: Jodi Regts, Manager,Corporate Communications, Angiotech Pharmaceuticals, Inc., (604) 221-7930,jregts@angio.com

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