WALTHAM, Mass.--(BUSINESS WIRE)--Oscient Pharmaceuticals Corporation (Nasdaq: OSCI) will release financial results for the first quarter ended March 31, 2007 on Wednesday, May 2, 2007 prior to the opening of the U.S. financial markets. A conference call will be held at 8:30 a.m. Eastern Time with Steven Rauscher, President and CEO, and other members of Oscient’s management team. The Company announced preliminary revenue results for the first quarter on April 11, 2007.