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EXAS - Exact Sciences News Story

$120.51 -7.0  -5.5%

Last Trade - 29/10/20

Large Cap
Market Cap £15.62bn
Enterprise Value £15.85bn
Revenue £1.02bn
Position in Universe 446th / 6403

BUZZ-Cowen sees huge market opportunity for liquid biopsy

Fri 18th September, 2020 11:26am
** Cowen and Co detects a huge market opportunity for liquid
biopsies and believes revenue will grow at robust double-digit
rates through most of next decade
    ** Liquid biopsies are non-invasive diagnostics tests that
are used for cancer detection
    ** Brokerage estimates market opportunity across all classes
of liquid biopsies is at least $30 bln-$130 bln in U.S.
    ** Key players include Adaptive Biotechnologies Corp
 ADPT.O , Exact Sciences Corp  EXAS.O , Gaurdant Health Inc
 GH.O , Natera Inc  NTRA.O , Invitae Corp  NVTA.N , Illumina Inc
 ILMN.O , and Personalis Inc  PSNL.O 
    ** Despite 100+ companies now developing or commercializing
liquid biopsy products as well as regulatory progress, the
market opportunity remains large, promising, and
under-penetrated - Cowen

 (Reporting By Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))
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