OncoSil Medical Secures Distribution Deal for Pancreatic Cancer Therapy in Middle East; Shares Drop 7%

MT Newswires Live

2024/10/07

OncoSil Medical (ASX:OSL) secured a distribution deal with Al Zahrawi Medical Supplies to distribute its pancreatic cancer therapy, OncoSil, in countries belonging to the Gulf Cooperation Council (GCC) in the Middle East, according to a Monday filing with the Australian bourse.

The deal includes exclusive rights to market and sell the product in GCC member countries such as United Arab Emirates, Qatar, Oman, and Bahrain, the filing said.

The medical device company's shares fell past 7% in recent Monday trade.

Price (AUD): $0.01, Change: $-0.001, Percent Change: -7.14%

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