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Onconetix shares jump 23.65% after clinical study boosts confidence in prostate cancer test Proclarix.

Market News
19 May 2026
Mohd Haider
View Source
Bullish
pluang ai news

Onconetix Inc. stock surged 23.65% in after-hours trading following positive clinical validation of its prostate cancer blood test, Proclarix. Two new peer-reviewed studies from Denmark showed Proclarix can reduce unnecessary biopsies and overdiagnosis, outperforming existing tests. The company also launched a U.S. validation trial with Labcorp to support a domestic test launch. Despite recent financial challenges and a 99% stock drop over the past year, this clinical progress may improve investor sentiment and future prospects.

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