UPDATE 2-Diagnostic company Exact Sciences to buy Genomic Health in $2.8 bln deal [Reuters]
Exact Sciences Corporation (EXAS)
Last exact sciences corporation earnings: 2/11 04:05 pm
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Source: Reuters
Diagnostic company Exact Sciences to buy Genomic Health in $2.8 billion deal - Reuters 3 Min Read (Reuters) - Exact Sciences Corp ( EXAS.O ) said on Monday it will buy peer Genomic Health Inc ( GHDX.O ) for about $2.8 billion in cash and stock, expanding the cancer diagnostic company’s testing capabilities to breast and prostate cancers. The deal will bring together Exact Sciences’ non-invasive stool screening test for colorectal cancer Cologuard, and Genomic Health’s Oncotype diagnostic tests for various cancers. Genomic Health would help expand Exact Sciences’ focus from screening into treatment selection as well as monitoring, which are highly attractive markets, Canaccord Genuity analyst Mark Massaro said. Under terms of the deal, Genomic Health stockholders will receive $27.50 in cash and $44.50 in Exact Sciences stock, for a total value of $72 per share. Shares of Genomic Health rose 2.7% to $70.51 in early trading, while Exact Sciences’ shares fell 12.1% to $103.6. Massaro
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News
- Exact Sciences Co. (NASDAQ: EXAS) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
- Exact Sciences Corporation (EXAS): Among the Best Genomics Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Exact Sciences Corporation (EXAS) Jefferies London Healthcare Conference (Transcript) [Seeking Alpha]Seeking Alpha
- EXAS Stock Set to Benefit From Favorable Study Data Backing MCED Test [Yahoo! Finance]Yahoo! Finance
- Exact Sciences Partners with Actor and TV Personality Carlos Ponce to Increase Awareness of Colon Cancer Screening Among Hispanic Community [Yahoo! Finance]Yahoo! Finance
EXAS
Earnings
- 11/5/24 - Miss
EXAS
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form 4
- 11/8/24 - Form SC
- EXAS's page on the SEC website