US FDA HDE and TRIPP-FFX Study Presentation
Released
Released
Announcement PDF
ONCOSIL MEDICAL LIMITED ABN 89 113 824 141 ASX | OSL
Level 5, 7 Eden Park Drive, Macquarie Park, NSW 2113 AUSTRALIA
TELEPHONE +61 2 8935 9629
WEB www.oncosil.com 1
ASX Announcement
9 June 2026
Investor Presentation FDA Update & TRIPP-FFX Initial Results
Sydney, Australia – 9 June 2026: OncoSil Medical Limited (ASX: OSL) is pleased to the release the following
investor presentation to the market.
OncoSil Medical will be hosting an investor webinar at 10.30 am AEST today, where the Company’s CEO &
Managing Director Nigel Lange will provide an update on recent FDA correspondence and discuss the
significance of the preliminary results of the TRIPP-FFX trial.
Investors wanting to register to attend this webinar can use the following link:
https://us02web.zoom.us/webinar/register/WN_JHEJ453JQe2g1BENlQ47PA
After registering, you will receive a confirmation email containing information about joining the webinar.
Authorisation & Additional Information
This announcement was authorised by the Board of Directors of OncoSil Medical Limited.
For further information, please contact:
About OncoSil Medical
OncoSil Medical (ASX:OSL) is a global medical device company focused on Interventional Oncology. OncoSil Medical’s mission is to
improve the outcomes for people living with cancer by utilizing the selected and targeted intratumoural placement of Phosphorus-32
(32P) Microparticles in addition to chemotherapy.
OncoSil Medical has developed OncoSil™ device for the treatment of unresectable locally advanced pancreatic cancer. Its targeted
approach enables healthcare professionals to deliver a greater radiation dose directly into the tumour compared to external beam
radiotherapy, while sparing surrounding critical organs.
Pancreatic cancer is the 12th most common cancer in men and the 11th most common cancer in women across the globe, with 500,000
new cases detected every year1. Since pancreatic cancer is generally diagnosed at a later stage, it has a poor prognosis for long-term
survival.
OncoSil™ has received CE Marking approval, providing marketing authorisation in both the EU and the UK. OncoSil™ is designated as a
breakthrough device in both Europe and the United States. It is currently approved for sale in 30+ countries including European Union,
United Kingdom, Australia, Türkiye and Israel, with commercial treatments using the device already undertaken in Spain, Italy, Austria,
Germany, Greece, Türkiye, Portugal, Israel and the UK.
To learn more, please visit: www.oncosil.com/
1
https://gco.iarc.fr/en
Mr. Nigel Lange
CEO & Managing Director
E: nigel.lange@oncosil.com
T: +49 160 96424981
Mr. Tim Luscombe & Ms. Nova Taylor
Joint Company Secretaries
E: tim.luscombe@bio101.com & nova.taylor@bio101.com
T: +61 429 707 079 & +61 414 877 703
Investor Webinar
FDA Update & TRIPP-FFX Initial Results
CEO & Managing Director, Nigel Lange
9 June 2026
FDA Update
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OncoSil Reaches Final FDA Review Stage for Humanitarian Device
Exemption Application
U.S. Food and Drug Administration (FDA) confirm all outstanding questions relating to OncoSil's
Humanitarian Device Exemption (HDE) application for the treatment of distal cholangiocarcinoma (dCCA)
in the United States (U.S.) have been satisfactorily addressed
HDE application advances to the final FDA review stage prior to the approval decision, with only final
device labelling and any post-market study updates requested
FDA advises it intends to complete its review within 45 days of OncoSil's final submission which will
occur within 30 days and grant the HDE
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HDE: Accelerating US Market Access for OncoSil in dCCA
* Subject to oversight conditions standard under the HDE framework
What is HDE Pathway?
• Designed for medical devices
targeting rare diseases
affecting fewer than 8,000
individuals annually
• Permits approval based on
demonstration of probable
benefit outweighing risk, rather
than requiring the extensive
clinical evidence of a costly
Phase III randomised clinical
trial needed for a (Pre-market
approval) PMA
• Provides shortened market
access with a cost-efficient
route
Why HDE is Relevant for
OncoSil in dCCA
• dCCA is a rare and highly
aggressive cancer with limited
treatment options and poor
prognosis
• OncoSil is being positioned as a
novel, localized radiation
treatment that may address a
significant unmet need in this
patient population
• Under this approval, OncoSil
Medical will be authorised to
commercially market and sell the
OncoSil device in the US*
Strategic Benefit for OncoSil
✓ Reduced clinical development
burden and cost (no randomised
trial)
✓ Earlier US commercial entry
opportunity
✓ Homogeneous reimbursement
landscape
✓ Shorter regulatory timeline versus
PMA
✓ Ability to generate real-world
evidence and physician adoption
post-approval
✓ Establishes US market presence
in a high-value oncology
indication
HDE Eligibility → FDA Approval → Coding & Reimbursement → Initial Commercialisation → US Adoption
4
OncoSil Advances to Final Administrative Stage Before Potential FDA
HDE Approval
Major Regulatory Milestone Achieved
• On 3 June 2026 (U.S. time), the FDA confirmed that all previously raised questions have been satisfactorily
addressed.
• Completion of the substantive review process represents the most advanced stage reached in the
Company's U.S. regulatory program.
Final FDA Requirements
• The FDA has requested submission of:
• Final device labelling for OncoSil device
• Any updates to the proposed post-market study, if required
Submission deadline: Within 30 days.
Clear Path to Approval
• Following receipt of the requested information, the FDA indicated its intention to complete the review within
45 days and grant the HDE.
• Potential HDE approval would establish OncoSil's first U.S. regulatory approval pathway.
5
OncoSil intends to submit the requested information within the FDA's prescribed timeframe of 30 days.
Potential FDA HDE approval will provide a pathway to commercialise OncoSil in the US, the world's largest
medical device market.
Successful US commercial execution is expected to enhance strategic partnering and acquisition
opportunities, consistent with previous transactions (TheraSphere , Sir-Spheres® etc.) in the oncology sector.
Next Steps & Value Creation Pathway
OncoSil is approaching a potentially transformational regulatory milestone, with potential FDA HDE approval
providing a pathway to U.S. market entry and creating multiple opportunities for long-term shareholder value
creation.
6
Patients with dCCA have a poor prognosis with limited treatment options and
survival
Distal Cholangiocarcinoma (dCCA)
• dCCA develops as a cancerous tumour in the common bile duct within
the head of the pancreas.
• Clinical symptoms of the disease are not evident until the tumour has
developed to a point that it is difficult to remove with surgery .
• More than 50% of patients who develop dCCA cannot have the tumour
removed surgically (the tumour is “unresectable”)1.
• Treatments for unresectable tumours involve the placement of a stent,
chemotherapy, external radiation therapy, or a combination of the two.
• Side effects due to chemotherapy and radiation therapy are
considerable and have a negative impact on the quality of life for the
patient.
• OncoSilTM has shown considerable promise for dCCA2 and is the basis
for the HDE.
• The advantage of OncoSilTM is the ability to deliver a high radiation dose
to the target dCCA tumour with minimal side-effects.
7
References:
1. Hester CA, Dogeas E, Augustine MM, et al. Incidence and comparative outcomes of periampullary cancer: A population-based analysis demonstrating improved outcomes and increased use of adjuvant therapy from 2004 to 2012. J Surg
Oncol 2019; 119:303-317. doi: 10.1002/jso.25336
2. Ross PJ et al. Results of a single-arm pilot study of 32P microparticles in unresectable locally advanced pancreatic adenocarcinoma with gemcitabine/nab-paclitaxel or FOLFIRINOX chemotherapy. ESMO Open February 2022; 7 (1):
100356.
The dCCA disease course has a negative impact on QOL for the patient
Treatment for Unresectable dCCA and Impact on Quality of Life (QOL)
8
• Since most dCCA patients have a stent implanted, the challenge for clinicians is to maintain the patency of the common bile duct.
• Invariably the stent occludes within 4-6 months due to tumour development .
• This results in significant complications including extreme abdominal pain and cholangitis (inflammation and infection) which
necessitates admission to hospital:
o interruption of chemotherapy
o possible surgery to replace the stent and reopen the bile duct
o administration of antibiotics to control the infection
• As the disease continues to progress, subsequent re-occlusion of the stent results in repeated admissions to hospital.
• The patient inevitably succumbs to sepsis (systemic infection) and liver or multi-organ failure.
OncoSil has the potential to control local tumour development and maintain bile duct patency, resulting
in increased quality of life and extended survival.
TRIPP-FFX
Initial Results
9
TRIPP-FFX Met Both Co-Primary Endpoints
TRIPP-FFX met both co-primary endpoints, supporting the use of OncoSil alongside standard-of-
care FOLFIRINOX chemotherapy in patients with unresectable LAPC.
Investigators concluded that toxicities associated with the addition of OncoSil to FOLFIRINOX
chemotherapy were limited and manageable.
Encouraging efficacy outcomes observed, including 82.2% (95%CI 65-90%) Local Disease Control
Rate (LDCR) at 16 weeks and 18.3 months of median overall survival in patients treated with
OncoSil plus FOLFIRINOX chemotherapy.
Planned Change Notification submission to Notified Body to support expansion of the OncoSil
label to include FOLFIRINOX chemotherapy in late CY2026.
Ability to accelerate market penetration through inclusion of the current standard-of-care
chemotherapy regimen.
10
TRIPP-FFX: Evaluating OncoSil with Standard-of-Care FOLFIRINOX
An open-label, multi-centre, randomized study of TaRgeted Intratumoural Placement of
Phosphorous-32 (OncoSil ) in addition to FOLFIRINOX chemotherapy versus FOLFIRINOX
chemotherapy alone in patients with unresectable locally advanced pancreatic adenocarcinoma
• To assess the safety and efficacy of OncoSil when given
in addition to standard FOLFIRINOX chemotherapy for
treatment of Locally Advanced Pancreatic Cancer –
opportunity to provide label expansion into standard of
care chemotherapy
Objective: Primary Endpoint:
• Safety and Tolerability as determined by the Adverse Event profile
• Local Disease Control Rate (LDCR) at 16 weeks (H0 55%; H1 75%)
Secondary Endpoints:
• Local Progression Free Survival
(LPFS)
• Progression Free Survival (PFS)
• Time to Symptomatic Progression
• Clinical Benefit Response
• CA 19-9 Response
• Overall Survival (OS)
• Quality of Life
• EQ-5D-3L
• EORTC QLQ-C30
• EORTC QLQ-PAN26
• Pain Scores
• NRS
• EORTC-PAN26 (pain scores)
• Weight loss
• Tumour response (by RECIST v1.1
and tumour volume assessment
by central review)
• Surgical resection rate (R0/R1)
Study Sites:
• 15 sites in Australia, Belgium, Italy, Spain and UK
• 88 subjects recruited
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Study Design, Main Eligibility Criteria and Participant Flow
Patients with LAPC:
• Written informed consent
• Histologically or
cytologically proven
pancreatic
adenocarcinoma
• Unresectable LAPC
(according to NCCN 2023
v2 guidelines)
• Karnofsky Performance
Status ≥ 70
• No prior radiotherapy or
chemotherapy for
pancreatic cancer
• Age 18+
• Considered fit to receive
combination
chemotherapy
Screening
N=88
n=43 (ITT)
• 12 cycles of FOLFIRINOX
n=45 (ITT)
• 2 cycles of FOLFIRINOX
• OncoSilTM implant on week 4
(100 Gray absorbed dose)
• 10 cycles of FOLFIRINOX
Continuation of
chemotherapy
beyond protocol at
investigators
discretion
Randomised 1:1
42 patients received
FOLFIRINOX
45 patients received
FOLFIRINOX
40 patients received
OncoSilTM to the
target tumour
Randomised non-comparative Phase II study design:
• Experimental arm is compared against historical control.
• The study was not prospectively powered to demonstrate statistically significant differences between study arms – no formal
comparison between arms.
• Control arm functions as a benchmark for validation of historical control.
• Designed in accordance with the clinical evidence requirements for an existing CE Mark registration under the European Union
Medical Device Regulation (EU-MDR).
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ITT: Intent-to-treat (as randomised)
Growing Body of Evidence - Efficacy*
PanCO 1 Meta-Analysis of Phase
2/3 Trials 2 TRIPP-FFX
gemcitabine + nab-paclitaxel
or FOLFIRINOX + OncoSil
(ITT; n=50)
Chemotherapy or Chemo-
radiotherapy
(n~6,000 across 74 study arms)
FOLFIRINOX
(ITT; n=43)
FOLFIRINOX + OncoSil
(ITT; n=45)
LDCR at 16 weeks (95% CI) 82.0% (68.6–91.4%) not reported 86.0% (72–95%) 82.2% (68–92%)
Best Overall Response
Partial Response
Stable Disease
Progressive Disease
Disease Control Rate
29.8%
66.0%
4.3%
90.0%
19.2%
not reported
not reported
75.6%
41.9%
48.8%
9.3%
90.7%
57.8%
33.3%
8.9%
91.1%
Surgical Resection
R0 margins**
23.8%
80%
8.0%
not reported
14.0%
16.7%
11.1%
60%
Local PFS, median months (95% CI) 9.9 (7.3–12.6) not reported 11.8 (7.8–nc) 12.9 (7.8–nc)
PFS, median months (95% CI) 9.3 (5.7–11.3) 7.8 (7.1–9.1) 9.9 (7.5–nc) 12.1 (7.8–15.2)
Overall Survival, median months (95% CI) 15.2 (11.3–18.8) 13.6 (12.7–13.9) 15.9 (10.2–nc) 18.3 (12.8–22.2)
13
* Data presented are preliminary and based on ongoing analyses. Final results may be updated following
database lock and completion of all planned statistical analyses.
** R0 margin: complete microscopic removal of the tumour.
References:
1. Ross PJ et al. Results of a single-arm pilot study of 32P microparticles in unresectable locally advanced pancreatic
adenocarcinoma with gemcitabine/nab-paclitaxel or FOLFIRINOX chemotherapy. ESMO Open February 2022; 7 (1):
100356.
2. OncoSil Medical Ltd. Data on file.
Interpretation of Efficacy Results
• The TRIPP-FFX study achieved its primary efficacy endpoint, demonstrating a meaningful improvement in
LDCR at 16 weeks compared with the historical benchmark of 55%.
• For LDCR, the pre-specified success criterion for the trial required the lower bound of the 95%
confidence interval to exceed the 55% threshold and the interval to reach the 75% target. The observed
result of a 95% confidence interval of 68% to 92% satisfied both conditions decisively.
• Results were sufficiently strong to confirm that the 16-week LDCR exceeded the predefined success
threshold (H0).
• The study was not designed to compare outcomes between treatment groups, so efficacy results should
be interpreted against the historical control rather than between study arms.
• Any comparisons between study groups will be conducted in future exploratory analyses and may help
guide further research.
• The TRIPP-FFX efficacy data is consistent with prior published data from the PANCO study.
14
Growing Body of Evidence - Safety*
PanCO 1 TRIPP-FFX
gemcitabine + nab-paclitaxel or
FOLFIRINOX + OncoSil
(PP – Safety Cohort)
FOLFIRINOX
(Safety Cohort)
FOLFIRINOX + OncoSil
(Safety Cohort)
Grade ≥3 AEs 81.0% 60.9% 70.7%
15
Reference:
1. Ross PJ et al. Results of a single-arm pilot study of 32P microparticles in unresectable locally advanced pancreatic
adenocarcinoma with gemcitabine/nab-paclitaxel or FOLFIRINOX chemotherapy. ESMO Open February 2022; 7 (1):
100356.
* Data presented are preliminary and based on ongoing analyses. Final results may be updated following
database lock and completion of all planned statistical analyses.
• 40 patients treated with OncoSil + FOLFIRINOX are sufficient to establish the combination's safety profile.
• The Safety Review Committee (SRC) conducted scheduled safety reviews throughout the trial and approved continuation
of the study at each assessment. Following review of the safety data, the Principal Investigators concluded that the
addition of OncoSil to FOLFIRINOX was safe and demonstrated an acceptable tolerability profile. These findings support
the conclusion that the study met its safety endpoint.
• The trial was not powered for statistical comparisons between study arms. Outcomes should be evaluated against
historical controls.
• The FOLFIRINOX-only arm confirmed the expected adverse event profile associated with standard chemotherapy.
Principal Investigators Endorse Clinical Significance of TRIPP-FFX
Results
Michele Milella, Professor of Medical Oncology, University of Verona, Italy
and Principal Investigator of TRIPP-FFX Study:
“As TRIPP-FFX was designed as a randomized but non-comparative study, the significance of these findings lies in
the successful achievement of the predefined clinical endpoints and the consistency of the overall data, with the
control arm serving primarily as a benchmark against historical outcomes rather than for direct statistical
comparison.
In this context, the results are consistent with previously reported findings from historical datasets, including the
PANCO trial and the OSPREY Registry and favourably compare with chemotherapy alone or the combination of
chemotherapy and other forms of local treatment commonly used in this difficult-to-treat disease setting.”
16
Giuseppe Malleo, Associate Professor of Surgery at the University of Verona, Italy
and Principal Investigator of TRIPP-FFX Study:
“The TRIPP-FFX study marks an important step forward in the treatment of unresectable locally advanced
pancreatic cancer, particularly from a multidisciplinary care perspective. The achievement of both primary
endpoints supports the continued clinical development of the OncoSil device and adds to the growing
body of evidence generated through previous studies and real-world experience.
From a surgical standpoint, the study confirms the possibility to downstage selected patients towards
surgical resection. Further detailed analysis will help us better understand which patients may benefit the
most, and I would like to acknowledge the strong commitment of everyone involved in the study, especially
the patients and clinical teams whose contribution made these results possible.”
Next Steps & Commercial Implications
TRIPP-FFX study met both primary endpoints, with limited and manageable toxicities and
encouraging LDCR and survival endpoints following the addition of OncoSil device to
FOLFIRINOX chemotherapy.
2H
CY2026
Preliminary results will be submitted to a major oncology congress.
A Change Notification to the Company's EU Notified Body will be submitted to add FOLFIRINOX
to the OncoSil product label.
Commercial Implications
Regulatory Clinical
Supports label expansion to include FOLFIRINOX Validates OncoSil in the current standard-of-care setting
Market Access Commercial
Accelerates market penetration Strengthens physician adoption pathway
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Upcoming Milestones in CY2026
18
1H CY2026 2H CY2026
• TRIPP-FFX Last Patient Last Visit
• OSPREY interim data accepted at ESGE Days
• OSPREY interim data presented at ESGE Days
• TGA Approval in Australia
• TRIPP-FFX Clinical Trial Results
• HDE Status Update FDA
• OncoSil device US label filing to FDA (HDE)
• FDA HDE approval for distal cholangiocarcinoma (dCCA)
• Completion of Cyclotek manufacturing validation
• G-BA trial commencement
• Presentation of TRIPP-FFX initial results at an upcoming
major oncology congress
• EU regulatory submission – percutaneous label change
(PANCOSIL)
• EU regulatory submission – FOLFIRINOX label change
(TRIPP-FFX)
• Commercial launch from Cyclotek manufacturing facility
in Sydney*
• Launch of OncoSil device in Australia
• Launch of OncoSil device in the United States (1H
CY2027)*
* Subject to approvals
INTENDED USE / INDICATIONS FOR USE: The OncoSil System is intended to induce prolonged local tumour control
and tumour size reduction in patients with locally advanced unresectable pancreatic cancer, in addition to
gemcitabine-based chemotherapy, by implantation of radioactive Phosphorous-32 Microparticles into pancreatic
tumours under endoscopic ultrasound guidance. OncoSil is indicated for the treatment of patients with locally
advanced unresectable pancreatic cancer, in addition to gemcitabine-based chemotherapy.
This information is intended for healthcare professionals only. All medical treatments carry benefits and risks.
For safety related information, please refer to the OncoSil System Instructions for Use.
OncoSil is a registered trademark of OncoSil Medical Ltd. Level 5, 7 Eden Park Drive, Macquarie Park, NSW, 2113,
Australia.
www.oncosil.com
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