Michael Douglas has beaten cancer.

In a Tuesday morning interview with Matt Lauer of NBC’s The TODAY Show, the Oscar-winning Wall Street star announced that odds are that he’s beat the Stage IV throat cancer that doctors diagnosed him with last summer.

“I feel good, relieved. The tumor is gone. But, you know, I have to check out on a monthly basis now to maintain. I think the odds are with the tumour gone, and what I know about this particular type of cancer [is] that I’ve got it beat.”

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Douglas, 66, said he’s feeling optimistic after undergoing radiation and chemotherapy to treat the cancerous growth on the base of his tongue, but credits the “wild six month ride” with giving him a new appreciation for the brevity of life. Michael’s also pleased that his appetite is back and he is slowly gaining back the weight he lost during treatment, but the most significant change in him came after feeling the support from his family during his illness.

“All of a sudden the affection from my family, from my friends, and from my fans hit me at a much deeper level than I would have ever imagined before and it gave me a really new appreciation of just how valuable, how precious good friends are and family. There’s a much deeper feeling. And I’ve talked to other cancer survivors about this, that – that happens, that you just really, really appreciate what’s important in life.”

Michael plans to keep an eye on his health by continuing regular trips to the doctor for routine checkups.

He’s also working out regularly at the gym and preparing for his upcoming film role as famed pianist Liberace in a Steven Soderbergh-produced biopic.

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