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) has launched the OncoExTra™ test in the U.S., a next-generation sequencing (NGS) test that identifies DNA and RNA alterations in tumors. This test aims to guide personalized cancer treatments by providing comprehensive genomic information from approximately 20,000 genes. Key features include the identification of targetable mutations and immuno-oncology signatures, with Medicare coverage available. The OncoExTra test complements existing cancer diagnostics and aligns with updated ASCO guidelines recommending RNA-based testing. CEO Kevin Conroy highlighted the company’s commitment to enhancing patient care with innovative solutions.
Exact Sciences Corp. (NASDAQ: EXAS) has announced that it will release its fourth quarter 2022 financial results on February 21, 2023, after U.S. market close. A webcast and conference call will follow at 5 p.m. ET to discuss the results and ongoing business developments. Interested parties can access the live webcast on the company's website. The company is recognized for its cancer screening and diagnostic tests, including Cologuard and Oncotype, and continues to invest in its product pipeline to support patients throughout their cancer journey.
Exact Sciences Corp. (Nasdaq: EXAS) expects fourth quarter 2022 revenue to reach between $550.7 million and $552.7 million, marking a 28% increase, excluding COVID-19 testing. Key revenue components include Screening revenue of $401.8 million to $402.8 million, up 45%, and Precision Oncology revenue of $142.9 million to $143.9 million, down 4%. Adjusted EBITDA profitability is anticipated for Q4 2022 and full year 2023, advancing from prior forecasts.
Exact Sciences Corp. (Nasdaq: EXAS) announced its participation in the J.P. Morgan Healthcare Conference in San Francisco on January 9, 2023, at 2:15 p.m. ET. Investors are invited to participate via a webcast accessible on the company's investor relations website. Exact Sciences is dedicated to advancing cancer screening and diagnostics, building on its successful Cologuard® and Oncotype® tests. The company continues to invest in its product pipeline to enhance patient support throughout the cancer diagnosis and treatment process.
Exact Sciences Corp. (NASDAQ: EXAS) announced significant policy changes that enhance access to colorectal cancer screening. Effective January 1, 2023, Medicare and most commercial insurers will cover colonoscopy costs for patients with a positive Cologuard® test, alleviating financial burdens. Over 10 million Cologuard tests have been conducted since its 2014 launch. Experts state these changes will improve screening rates and health outcomes, especially among underserved populations. This initiative aligns with Affordable Care Act updates aimed at improving health accessibility.
Exact Sciences Corp. (NASDAQ: EXAS) has released initial clinical validation data for its breast cancer radiation signature, POLAR, at the 2022 San Antonio Breast Cancer Symposium. This meta-analysis from three clinical trials demonstrated that POLAR is the first genomic signature to predict the benefit of radiotherapy for early-stage breast cancer patients. About 25% of patients were identified as not benefiting from radiotherapy, addressing a crucial clinical need. The analysis included 623 patients, showing significant differences in local recurrence rates based on POLAR scores.
Exact Sciences Corp. (NASDAQ: EXAS) presented new data supporting its Precision Oncology portfolio at the 2022 San Antonio Breast Cancer Symposium (SABCS). Key highlights include results from the TAILORx and RxPONDER trials, demonstrating the Oncotype DX Breast Recurrence Score test's ability to identify patients who may not benefit from chemotherapy. A new investigational test for predicting radiotherapy benefits was also discussed. The findings reaffirm the use of genomic tests in guiding treatment decisions, potentially enhancing patient outcomes.
Exact Sciences Corp. (Nasdaq: EXAS) reported record revenue of $523 million for Q3 2022, marking a 15% increase from 2021. Excluding COVID-19 testing, revenue rose 20%, with Screening revenue at $361 million and Precision Oncology at $151 million. The company raised its full-year revenue guidance by $33 million and lowered operating expense guidance by $113 million. Expecting to reach adjusted EBITDA profitability by Q3 2023, Exact Sciences highlighted the strong performance and innovative potential of its cancer diagnostic tests.
Exact Sciences Corp. (Nasdaq: EXAS) announced its participation in several investor conferences in November 2022. Key events include a fireside chat at the Credit Suisse 31st Annual Healthcare Conference on November 8 at 2:35 p.m. ET, the Jefferies London Healthcare Conference on November 15 at 10:50 a.m. ET, and the Evercore ISI HealthCONx Conference on November 29 at 1:50 p.m. ET. Additionally, a session at the Piper Sandler 34th Annual Healthcare Conference will occur on November 30 at 4:30 p.m. ET. Investors can access the webcasts via the company's website.
Exact Sciences Corp. (NASDAQ: EXAS) presented new data at the ACG Annual Meeting showcasing the impact of eliminating patient costs for follow-up colonoscopies. The findings suggest that a cost-free approach could significantly increase colorectal cancer screening rates, with over 900 deaths averted per 1 million people screened. Additionally, Cologuard was highlighted for its effectiveness in detecting serrated polyps, and its role in redefining false positive outcomes in stool tests was discussed. The new evidence reinforces Cologuard as a valuable non-invasive screening option in the fight against colorectal cancer.