3D image of pancreatic cancer
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Oncosil Medical Ltd (ASX:OSL) has announced that a patient with pancreatic cancer was able to reduce their tumor through treatment with the company’s eponymous device in conjunction with chemotherapy during a procedure in Türkiye.

Following successful treatment with the OncoSil device – together with chemotherapy – the patient’s tumor was reduced to a level which enabled surgical resection, and this surgery was carried out by Professor Dr. Koray Acarli, a renowned specialist in pancreatic cancer.

Oncosil noted that the successful treatment represented a milestone in proving the device’s efficacy within international markets, particularly when used alongside chemotherapy.

CEO & Managing Director Nigel Lange said he hoped this milestone would better facilitate the Oncosil device’s greater reach in other countries.

“We are thrilled to see the positive outcome from the first use of the OncoSil device in Türkiye,” he said.

“This achievement underscores the global potential of OncoSil to improve the lives of patients battling pancreatic cancer.

“We look forward to advancing our clinical program and bringing this innovative treatment option to more patients worldwide.”

Investors seemed happy with the news, and at 12:18 AEST, Oncosil shares were trading at 1.1 cents, a rise of 10% since the market opened.

OSL by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Index approaches record high as Austal spikes on US Navy contract | September 16, 2024

The ASX200 closed up a 0.27% at 8,121 points, as the market came within a whisker…
The Market Online Video

ASX Market Update: Aussie Index on the cusp of record as Real Estate stocks take the lead | September 16, 2024

The ASX200 has been up around point four six of a percent at 8,137 points. The…
America uncertainty concept

Rate cuts, assassination attempts, gold, oil, AI – what to watch in USA this week

At the time of writing this article – 12pm Sydney time on Monday – US futures…
Image of a nugget of gold

Flynn finds multiple veins of gold through diamond drilling in Tasmania

Flynn Gold Ltd has progressed diamond drilling across the Trafalgar North zone at its Golden Ridge…