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 pares gains, Gold hits new record | March 18, 2025

The ASX200 pared early gains to close up by a sliver of less than a tenth of a percent at 7860 points.
The Market Online Video

Tuesday’s HotCopper Trends: Pancontinental price buckles, Advance hits gold | March 18, 2025

The ASX has been up 0.3% at 7,877 points.
The Market Online Video

Expert Exchange: Saul Eslake breaks down the risks of investing in the ASX

Like any investment, share market investing has a risk and reward-relationship.
A huge ship built by Austal cruises through the blue ocean.

Take two: Korea’s Hanwha hasn’t given up on grabbing Austal stake just yet

Heavyweight South Korean business conglomerate Hanwha Group is taking another swing at Austal Ltd (ASX:ASB) half a year after its last takeover play