Welcome to our dedicated page for Exact Sciences news (Ticker: EXAS), a resource for investors and traders seeking the latest updates and insights on Exact Sciences stock.
Exact Sciences Corp (NASDAQ: EXAS) is frequently in the news as a leading provider of cancer screening and diagnostic tests. Company announcements highlight developments across stool-based colorectal cancer screening, multi-cancer early detection, liver cancer surveillance, and precision oncology genomics. News coverage often reflects new clinical data, product launches, collaborations, and corporate transactions that shape the company’s role in cancer diagnostics.
Investors and clinicians following EXAS news can expect updates on the performance and adoption of the Cologuard and Cologuard Plus colorectal cancer screening tests, including real‑world adherence data and modeling studies that examine benefit‑to‑burden trade‑offs. Exact Sciences also reports on progress with its Cancerguard multi‑cancer early detection blood test, including study results from large prospective trials designed to support broader clinical use.
Another recurring theme in Exact Sciences news is the expansion of its precision oncology and surveillance portfolio. Releases describe pivotal and prospective studies of the Oncoguard Liver blood test for hepatocellular carcinoma surveillance, the Oncodetect molecular residual disease test in high‑risk breast cancer and other solid tumors, and the OncoExTra comprehensive genomic profiling assay for advanced cancers. These updates often come from major scientific meetings and include details on sensitivity, specificity, and prognostic performance.
Corporate and financial news items for EXAS include quarterly earnings releases, updated revenue and adjusted EBITDA guidance, participation in investor conferences, and strategic agreements such as the collaboration and license arrangement with Freenome for blood‑based colorectal cancer screening tests. A notable development disclosed in both press releases and SEC filings is the definitive agreement under which Abbott Laboratories plans to acquire Exact Sciences, subject to stockholder and regulatory approvals and other customary conditions.
This news page aggregates such announcements, offering a single place to review Exact Sciences’ latest clinical, product, financial, and transaction-related updates over time.
Exact Sciences Corp. (Nasdaq: EXAS) announced it will release its second quarter 2022 financial results after the U.S. markets close on August 2, 2022. Following the announcement, management will host a webcast and conference call at 5 p.m. ET to discuss the results and business progress. The call is accessible via telephone and will also be available as a recorded archive on their website. Exact Sciences focuses on cancer screening and diagnostic tests, notably with products like Cologuard and Oncotype.
Exact Sciences and Ultima Genomics have established a long-term supply agreement to utilize Ultima's innovative next-generation sequencing (NGS) technologies, promising to reduce sequencing costs dramatically. This collaboration aims to enhance cancer diagnostic tests and expand patient access to genomic-based testing. With Exact Sciences investing in Ultima and participating in the early access program for the UG 100™ high-throughput NGS instrument, both companies anticipate substantial advancements in genomic information and improved patient outcomes across cancer treatment stages.
Exact Sciences Corp. (NASDAQ: EXAS) announced the presentation of new data at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting from June 3-7 in Chicago. The company will showcase findings from nine poster presentations and five e-abstracts, focusing on cancer diagnostics and treatment solutions. Critical studies include comparisons between stool- and blood-based colorectal cancer screening tests and the use of methylated DNA markers for various cancers. Kevin Conroy, CEO, emphasized the need for innovative cancer detection methods to improve patient outcomes.
Exact Sciences Corp. (Nasdaq: EXAS) announced its participation in several upcoming investor conferences in June 2022. Key events include:
- William Blair 42nd Annual Growth Stock Conference on June 6, 2022, at 3:40 p.m. ET in Chicago.
- Jefferies Healthcare Conference on June 8, 2022, at 1:00 p.m. ET in New York.
- Goldman Sachs 43rd Annual Global Healthcare Conference on June 13, 2022, at 6:20 p.m. ET in Rancho Palos Verdes.
- Nephron Liquid Biopsy Innovation Symposium on June 21, 2022, at 11:00 a.m. ET (virtual).
Exact Sciences Corp. (NASDAQ: EXAS) announced participation in the BofA Securities Healthcare Conference in Las Vegas on May 11, 2022, at 5:00 p.m. ET. Investors can access the webcast via the investor relations section of Exact Sciences' website. The company is focused on cancer diagnostics, developing tests like Cologuard and Oncotype to support patients throughout their cancer journey. Exact Sciences aims to provide innovative solutions for cancer screening and diagnosis.
Exact Sciences Corp. (NASDAQ: EXAS) announced that its Oncotype DX Breast Recurrence Score test has received the highest rating in the American Society of Clinical Oncology (ASCO) guidelines for quality of evidence. The updated guidelines expand the test's use for early-stage breast cancer patients, especially in postmenopausal women with positive lymph nodes and premenopausal patients with node-negative disease. The RxPONDER study, published in The New England Journal of Medicine, underpins this recommendation, indicating significant data supporting tailored chemotherapy decisions.
Exact Sciences Corp. (NASDAQ: EXAS) reported a 21% increase in total revenue for Q1 2022, reaching $486.6 million, compared to $402.1 million in Q1 2021. Excluding COVID-19 testing, revenue grew 24%, driven by a 28% increase in Screening revenue to $306.5 million and an 18% rise in Precision Oncology revenue to $152.6 million. Despite this growth, the company faced a net loss of $180.9 million or $1.04 per share.
The 2022 revenue outlook is raised to $1,985-$2,032 million, bolstered by strong Screening and Precision Oncology performance.
Exact Sciences Corp. (Nasdaq: EXAS) announced its first quarter 2022 financial results release scheduled for April 26, 2022, after U.S. market close. A conference call will follow at 5 p.m. ET to discuss these results and business developments. The company, recognized for its advanced cancer diagnostic tests, continues to innovate in the area of cancer screening and diagnostics.
Investors can access the live webcast through its website, with an archive available post-event for those unable to attend.
Katie Couric has partnered with Exact Sciences (NASDAQ: EXAS) to launch a year-long campaign called 'Mission to Screen,' aiming to raise awareness about colon cancer screening. The initiative emphasizes the importance of screening for all adults aged 45 and older, especially given the rising incidence of colon cancer in younger individuals. Cologuard, Exact Sciences' FDA-approved noninvasive test, is highlighted as a key screening option. Over 44 million Americans aged 45-plus remain unscreened, despite the critical role of early detection in improving treatment outcomes.
Exact Sciences Corp. (Nasdaq: EXAS) announced its participation in two upcoming investor conferences. The Cowen Health Care Conference will feature a fireside chat on March 7, 2022 at 9:50 a.m. ET, while the Raymond James Institutional Investors Conference will hold a fireside chat on March 8, 2022 at 4:00 p.m. ET. Webcasts can be accessed via the investor relations section of Exact Sciences' website.
Exact Sciences focuses on advanced cancer diagnostics, including Cologuard and Oncotype tests.