Exact Sciences

Exact Sciences

Biotechnology company for cancer detection and prevention

About Exact Sciences

Simplify's Rating
Why Exact Sciences is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Biotechnology

Healthcare

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Madison, Wisconsin

Founded

1995

Overview

Company Does Not Provide H1B Sponsorship

Exact Sciences focuses on the early detection and prevention of cancer through advanced diagnostic tests. Their products are designed to identify cancer at its earliest stages, which helps healthcare providers make informed treatment decisions. The company operates globally, serving healthcare providers, patients, and research institutions in the medical diagnostics market. Unlike many competitors, Exact Sciences emphasizes a comprehensive approach that includes not only the development and sale of cancer screening tests but also support for patients and healthcare professionals. The main goal of Exact Sciences is to reduce the burden of cancer by providing effective diagnostic solutions.

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Simplify's Take

What believers are saying

  • Growing demand for at-home diagnostic tests boosts Exact Sciences' market potential.
  • Integration of AI in diagnostics enhances accuracy and speed of cancer detection.
  • Partnership with Flatiron Health accelerates clinical evidence generation for MRD testing.

What critics are saying

  • Increased competition may impact Exact Sciences' market share in cancer diagnostics.
  • Potential delays in Medicare reimbursement could affect revenue and patient access.
  • Fluctuations in stock price may indicate investor uncertainty and financial instability.

What makes Exact Sciences unique

  • Exact Sciences focuses on early cancer detection and prevention, setting it apart.
  • The company offers noninvasive tests like Cologuard Plus for colorectal cancer screening.
  • Partnerships with tech firms enhance diagnostic accuracy through big data and machine learning.

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Funding

Total Funding

$2579.1M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Paid Vacation

Parental Leave

401(k) Retirement Plan

Wellness Program

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Wisconsin Technology Council
Apr 23rd, 2025
In Business: Exact Sciences launches Oncodetect test for lingering cancerous cells

Exact Sciences is working with Medicare to secure reimbursement for the test, ensuring broad patient access nationwide.

Madison Startups
Mar 31st, 2025
Exact Sciences Launches Cologuard Plus Test

Exact Sciences has launched Cologuard Plus, a next-generation, noninvasive colorectal cancer screening text, the company announced today.

PR Newswire
Mar 18th, 2025
"Pick Up Your Poop" F Cancer'S New Campaign Encourages At-Home Colorectal Cancer Screening

Humorous PSA Highlights the Irony of Pet Owners' Willingness to Handle Dog Waste While Avoiding Their Own ScreeningCOSTA MESA, Calif., March 18, 2025 /PRNewswire/ -- Today, F Cancer, a non-profit dedicated to early cancer detection and prevention, is launching a Public Service Announcement (PSA) to encourage colorectal cancer screening for those 45+. Rolling out during Colon Cancer Awareness month, the campaign, titled "Pick up Your Poop," raises the point that dog owners readily pick up their animal's waste but remain squeamish about their own poop—in spite of the fact that taking a simple at home screening test can provide information that could help save their lives

Business Wire
Mar 12th, 2025
Exact Sciences Named 2025 Gallup Exceptional Workplace Award Winner

MADISON, Wis.-(BUSINESS WIRE)-Exact Sciences Corp. (NASDAQ: EXAS), a leading provider of cancer screening and diagnostic tests, today announced it has received the 2025 Gallup Exceptional Workplace Award (GEWA), marking the second year in a row the company has received this prestigious recognition.

Hit Consultant
Feb 4th, 2025
Flatiron Health And Exact Sciences Partner To Accelerate Clinical Evidence Generation For Mrd Testing In Oncology

What You Should Know:– Flatiron Health, a leading technology company focused on improving cancer care announced a strategic partnership with Exact Sciences, a pioneer in cancer screening and diagnostics to accelerate clinical evidence generation for Exact Sciences’ molecular residual disease (MRD) test, Oncodetect™.– The collaboration will leverage Flatiron’s innovative clinical research platform and extensive network of community oncology practices to study the test’s performance in diverse patient populations and real-world settings.Leverage Real-World Data and Community Oncology Settings to Advance Cancer CareMRD testing is a rapidly evolving field in oncology, with the potential to transform cancer care by detecting residual disease after treatment and guiding personalized treatment decisions. However, generating robust clinical evidence for MRD tests can be challenging and time-consuming.This partnership aims to address this challenge by:Leveraging real-world data: Utilizing data from Flatiron’s network of community oncology practices to generate evidence in a real-world setting.Utilizing data from Flatiron’s network of community oncology practices to generate evidence in a real-world setting. Focusing on diverse patient populations: Ensuring that the study includes a broad range of patients, including those typically underrepresented in clinical trials.Ensuring that the study includes a broad range of patients, including those typically underrepresented in clinical trials. Accelerating evidence generation: Employing a novel prospective clinical evidence generation platform and pragmatic study design to expedite the research process.First Patient EnrolledThe partnership has already achieved a significant milestone with the enrollment of the first patient in the study in under six months from conception. This rapid progress highlights the strong collaboration and commitment to execution between Flatiron Health and Exact Sciences.“Our partnership with Exact Sciences leverages Flatiron’s next-generation prospective evidence platform, which we designed to address critical evidence gaps via studies embedded into routine care, with unprecedented speed,” said Alex Deyle, general manager, Clinical Research, Flatiron Health. “Our in-house team of experts, experienced site network, fit-for-purpose research operations, and cutting-edge technology that focuses on reducing site burden, has enabled us to run more efficient and representative prospective studies.”

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