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Stock Market & Financial Investment News

News Breaks
March 18, 2014
17:11 EDTEXASExact Sciences' Cologuard shows 'unprecedented' rates of cancer detection
According to the Mayo Clinic, results of a clinical trial of Cologuard show unprecedented rates of precancer and cancer detection by a noninvasive test. The detection rates are similar to those reported for colonoscopy. The results were published in the March 20 issue of the New England Journal of Medicine. Cologuard was co-developed by Mayo Clinic and Exact Sciences. Cologuard, is a noninvasive sDNA test for the early detection of colorectal precancer and cancer. The clinical trial, called the DeeP-C study, included 10,000 patients and was designed to determine how well Cologuard detects precancer and cancer. The study also compared Cologuard to the fecal immunochemical test for occult blood. The study was conducted at 90 medical centers throughout the United States and Canada. According to the Mayo Clinic's website, the release is under embargo until March 19, at 5:00 pm ET, though it was visible on the "News Resources" section of the site. As of 5:00 pm ET on March 18, the post appeared to have been removed. Shares of Exact, which gained $1.29, or 9.82%, to close at $14.42 during today's session, are up an additional $1.09, or 7.56%, to $15.51 in after hours trade. Reference Link
News For EXAS From The Last 14 Days
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April 13, 2015
08:01 EDTEXASExact Sciences says Cologuard receives coverage by several health plans in Q1
Since the start of 2015, several insurers began covering Cologuard as a noninvasive colon cancer screening test. In addition to several smaller regional providers, insurance plans covering the test now include: Anthem Blue Cross and Blue Shield, a leading national health plan with more than 37 million members across 14 states, Tufts Health Plan, with more than 1 million members across Massachusetts and Rhode Island and ranked the number one health plan for quality in the country for its Commercial plans and its Medicaid plans, CareFirst BlueCross BlueShield PPO, with 2.3 million eligible members across Maryland, District of Columbia and Northern Virginia, Excellus BCBS WNY, with more than 1.4 million members across Western New York and Dean Health Plan, insuring more than 272,037 members across Central Wisconsin.

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