Exact Sciences (EXAS) reported earnings 30 days ago. What's next for the stock?
Abbott Laboratories is acquiring Exact Sciences, in a move that will help bolster its diagnostics business. Abbott should expand the reach of Exact Sciences' key products and fuel its innovative engine.
Shares of cancer screening test maker Exact Sciences Corp. (EXAS) surged Thursday after Abbott Laboratories (ABT) announced a deal to acquire the company for about $21 billion.
| Professional Services Industry | Industrials Sector | Kevin T. Conroy CEO | NASDAQ (CM) Exchange | 30063P105 CUSIP |
| US Country | 6,900 Employees | - Last Dividend | - Last Split | 1 Feb 2001 IPO Date |
Exact Sciences Corporation is a prominent entity in the realm of healthcare, specifically focusing on the development and provision of cancer screening and diagnostic tests both within the United States and on a global scale. The company has carved out a niche for itself by offering innovative, non-invasive products that play a crucial role in early cancer detection and management. Established in 1995 and having its headquarters nestled in Madison, Wisconsin, Exact Sciences Corporation stands out for its commitment to revolutionizing cancer diagnostics through groundbreaking research and strategic partnerships, including those with the MAYO Foundation for Medical Education and Research, and Johns Hopkins University.
Exact Sciences Corporation offers a diverse portfolio of diagnostic tests and services aimed at cancer screening and diagnosis:
Furthermore, Exact Sciences is dedicated to continuous innovation, as evidenced by its pipeline products that focus on enhancing the Cologuard test's performance and developing new blood and other fluid-based tests for cancer detection, underscoring its commitment to advancing cancer diagnosis and treatment.