OncoSil Medical (ASX:OSL) received positive preliminary results from an investigator-initiated study, indicating that it is "safe and feasible" to deliver OncoSil by computerized tomography-guided percutaneous administration, according to a Thursday filing with the Australian bourse.
OncoSil is a medical device that delivers a targeted dose of radiation directly into cancerous tissue in locally advanced pancreatic cancer.
The procedure had a 90% technical success rate, with 10% of patients experiencing third-grade serious adverse device events, the filing said.
The company anticipates securing additional regulatory approvals in the second half of fiscal 2026.
Pancosil is a first-in-the-world study administering OncoSil through direct injection through the skin, according to the filing.
OncoSil Medical shares rose 14% in morning trade Thursday.