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-0.000441003528028241 0.0077224617796942 0.0171452371618973 0.0177381419051353 0.025578204625637 0.0335162681301451 0.0476283810270482 0.0672285378283026
Stock impact report

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 Check Earnings Report
Company Research 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 Show less Read more
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