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Exact Sciences Corp - EXAS STOCK NEWS

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 (symbol: EXAS) is a leading molecular diagnostics company based in Madison, Wisconsin. The company specializes in providing innovative cancer screening and diagnostic test products, both in the United States and internationally. One of the company's flagship products is Cologuard, a groundbreaking noninvasive stool-based DNA test that screens for colorectal cancer. This test is integrated into the colorectal cancer screening guidelines of the American Cancer Society and the U.S. Multi-Society Task Force on Colorectal Cancer.

Exact Sciences is also making significant strides in the field of precision oncology. Their Oncotype DX suite includes tissue-based genomic tests that help estimate the risk of cancer recurrence and the likelihood of benefit from chemotherapy for breast and colon cancer patients. Additionally, the OncoExTra test offers comprehensive genomic profiling through a liquid biopsy, providing valuable insights for personalized cancer treatment.

In addition to these established products, Exact Sciences is actively developing new liquid biopsy tests for molecular residual disease, colorectal cancer screening, and multicancer screening. These ongoing projects reflect the company's commitment to advancing cancer diagnostics and improving patient outcomes.

The company's intellectual property portfolio is robust, with exclusive rights protecting its proprietary non-invasive molecular screening technology. This strong IP position underscores Exact Sciences' leadership and innovation in the cancer diagnostics market.

  • Headquartered in Madison, Wisconsin
  • Specializes in cancer screening and diagnostic tests
  • Flagship product: Cologuard, a noninvasive colorectal cancer screening test
  • Precision oncology products: Oncotype DX and OncoExTra
  • Active development of liquid biopsy tests
  • Exclusive intellectual property rights protecting screening technology

For more information on Exact Sciences' noninvasive colon cancer screening test, visit cologuardtest.com.

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Exact Sciences Corp. (Nasdaq: EXAS) has acquired a worldwide exclusive license for TARDIS technology from TGen, enhancing its position in precision oncology. This innovative approach enables noninvasive detection of minimal residual disease, particularly for patients with small amounts of tumor DNA post-treatment. TARDIS technology demonstrated up to a 100-fold improvement in sensitivity for detecting circulating tumor DNA. This collaboration aims to improve cancer patient outcomes through advanced diagnostics, leveraging Exact Sciences' established expertise with products like Cologuard and Oncotype DX.

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Exact Sciences Corp. (Nasdaq: EXAS) announced findings published in Cancer Prevention Research, highlighting the effectiveness of Cologuard in screening average-risk adults aged 45-49 for colorectal cancer. The study revealed a test specificity of 95.2% for participants without advanced precancerous lesions. The research supports Cologuard's role in mitigating risks and costs associated with unnecessary procedures. With colorectal cancer being the second leading cause of cancer death in the U.S., this data emphasizes the importance of early detection, especially as cases in younger adults have significantly increased.

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Exact Sciences Corp. (Nasdaq: EXAS) anticipates reporting a 2020 fourth-quarter revenue of $464.5 million to $467.5 million. Expected Screening revenue is projected between $249 million and $250 million, marking a 9% increase year-over-year. The company anticipates Precision Oncology revenue of $117 million to $118 million and COVID-19 testing revenue between $98.5 million and $99.5 million. While these estimates are promising, they are preliminary and subject to change pending completion of the financial statements.

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Exact Sciences Corp. (Nasdaq: EXAS) has finalized its acquisition of Thrive Earlier Detection Corp., a significant move towards establishing blood-based multi-cancer screening as a standard practice. CEO Kevin Conroy emphasized the strategic importance of this acquisition in revolutionizing cancer diagnostics and improving early detection and treatment options for patients. The company is committed to advancing its product pipeline, building on successes like Cologuard and Oncotype DX. This acquisition is aimed at addressing some of the most lethal cancers and enhancing patient care.

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Exact Sciences Corp. (Nasdaq: EXAS) will participate in the J.P. Morgan Healthcare Conference on January 13, 2021, at 2:50 p.m. EST. Investors can join the discussion via webcast, accessible through the investor relations section of Exact Sciences' website.

This leading cancer diagnostics company aims to advance patient care and tackle deadly cancers through innovative solutions. For more details, visit exactsciences.com.

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Exact Sciences Corp. (NASDAQ: EXAS) presented new data at the 2020 San Antonio Breast Cancer Symposium (SABCS), emphasizing the Oncotype DX Breast Recurrence Score test's role in personalizing early breast cancer treatment. The ADAPT study revealed that patients with clinically high-risk node-negative or node-positive disease can forgo chemotherapy based on favorable Recurrence Score results, achieving a 5-year distant disease-free survival rate of 96%. A new RSClin tool will provide individualized estimates for chemotherapy benefits, enhancing treatment discussions. The meta-analysis integrates findings from over 10,000 patients.

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Exact Sciences Corp. (NASDAQ: EXAS) announced significant findings from the RxPONDER trial, presented at the 2020 San Antonio Breast Cancer Symposium, indicating that the Oncotype DX test can help avoid unnecessary chemotherapy for the majority of postmenopausal women with node-positive early-stage breast cancer. The study involved over 5,000 participants, revealing that two-thirds of postmenopausal women showed no chemotherapy benefit, while premenopausal women had a minor benefit. This research aims to refine treatment decisions and could impact tens of thousands of women globally.

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Exact Sciences Corp. (Nasdaq: EXAS) announced its participation in the Evercore ISI HealthCONx Conference on December 2, 2020, at 1:00 p.m. EST.

Investors can access the webcast through the investor relations section of the company's website.

Exact Sciences focuses on cancer screening and diagnostics, investing in its product pipeline to address various cancers and improve patient care.

For more details, visit exactsciences.com.

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Exact Sciences Corp. (Nasdaq: EXAS) announced participation in two investor conferences in November 2020. These include a fireside chat at the Stifel Virtual Healthcare Conference on November 16 at 9:20 a.m. EST, and a fireside chat at the Jefferies Virtual London Healthcare Conference on November 18 at 2:55 p.m. EST. Investors can access the webcasts via the company's website. The company specializes in cancer screening and diagnostic tests, including Cologuard and Oncotype DX, and is focused on expanding its product pipeline.

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The United States Preventive Services Task Force (USPSTF) has drafted updated guidelines recommending colorectal cancer screening starting at age 45. Exact Sciences' Cologuard® is specifically included as a screening method for average-risk adults aged 45 to 75. Cologuard has demonstrated a 92% detection rate for colorectal cancers in a study involving nearly 10,000 patients. The guidelines aim to increase screening rates among 44 million unscreened Americans, highlighting a growing incidence of colorectal cancer in individuals under 50. A final recommendation is expected in 2021.

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FAQ

What is the current stock price of Exact Sciences (EXAS)?

The current stock price of Exact Sciences (EXAS) is $59.4 as of December 20, 2024.

What is the market cap of Exact Sciences (EXAS)?

The market cap of Exact Sciences (EXAS) is approximately 10.5B.

What is Exact Sciences Corp's main business?

Exact Sciences Corp specializes in molecular diagnostics, focusing on innovative cancer screening and diagnostic test products.

What is Cologuard?

Cologuard is a noninvasive stool-based DNA test designed to screen for colorectal cancer, integrated into major colorectal cancer screening guidelines.

Where is Exact Sciences Corp headquartered?

The company is headquartered in Madison, Wisconsin.

What are Oncotype DX and OncoExTra?

Oncotype DX is a suite of tissue-based genomic tests for cancer recurrence risk and chemotherapy benefit; OncoExTra is a liquid biopsy for comprehensive genomic profiling.

Is Exact Sciences developing any new tests?

Yes, the company is developing liquid biopsy tests for molecular residual disease, colorectal cancer screening, and multicancer screening.

What is the significance of Exact Sciences' intellectual property?

Exact Sciences has exclusive intellectual property rights protecting its noninvasive molecular screening technology, reinforcing its market leadership.

Are Exact Sciences' products used internationally?

Yes, Exact Sciences provides cancer screening and diagnostic test products both in the United States and internationally.

How does Cologuard work?

Cologuard works by analyzing stool samples for DNA markers and blood that could indicate the presence of colorectal cancer or precancerous lesions.

What is the purpose of Oncotype DX tests?

Oncotype DX tests aim to estimate the risk of cancer recurrence and the likelihood of benefit from chemotherapy in breast and colon cancer patients.

Where can more information about Cologuard be found?

More information about Cologuard can be found at cologuardtest.com.

Exact Sciences Corp

Nasdaq:EXAS

EXAS Rankings

EXAS Stock Data

10.55B
182.40M
1.01%
101.74%
7.48%
Diagnostics & Research
Services-medical Laboratories
Link
United States of America
MADISON