Doctors have found a tumor in the throat of Oscar-winning actor Michael Douglas and plan to treat the "Wall Street" star with radiation and chemotherapy over eight weeks.
Doctors expect Douglas, 65, to make a full recovery, the actor's spokesman told People magazine on Monday.
A representative for Douglas confirmed the report to Reuters but declined comment on any further details.
"I am very optimistic," Douglas said in a statement to People.
Douglas, who is married to actress Catherine Zeta-Jones, has enjoyed a long career in Hollywood spanning some five decades, and he is the son of film legend Kirk Douglas.
He made his first major mark as a producer on 1975 drama "One Flew Over the Cuckoo's Nest," which earned him an Oscar, and got his big break as an actor in 1970s television series "The Streets of San Francisco."
In the 1970s and 1980s, he saw his star rise in movies such as "The China Syndrome" and "Romancing the Stone," and he won his second Oscar — this time for acting — playing corporate raider Gordon Gekko in "Wall Street."
Other noteworthy film credits include 1995's "The American President" and 2000's "Wonder Boys." He will reprise the Gekko role in this fall's "Wall Street: Money Never Sleeps," which had its international premiere at May's Cannes film festival.