Health Tech Capitol | Exact Sciences to buy California-based Genomic Health for $2.8 billion
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Exact Sciences to buy California-based Genomic Health for $2.8 billion

Exact Sciences to buy California-based Genomic Health for $2.8 billion

Madison-based cancer diagnostics company Exact Sciences Corp. said Monday it plans to acquire Redwood City, California-based Genomic Health in a $2.8 billion cash-and-stock deal.

Exact Sciences produces Cologuard, a noninvasive, at-home screening test that detects the presence of colon cancer in stool samples.

Genomic Health develops Oncotype IQ, a portfolio of genomic tests and services that check for various cancers, including breast and prostate.

Read more at BizTimes Milwaukee

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