Michael Douglas has been diagonosed with a throat tumor.
Douglas is set to begin eight weeks of chemotherapy and radiation treatment. Doctors expect the 65-year-old Academy Award-winning actor to make a complete recovery, his' spokesperson said.
"I am very optimistic," Douglas said in a statement.
His latest project, "Wall Street: Money Never Sleeps" will hit theaters Sept. 24.
The tumor was first reported by People magazine.