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EXAS - Exact Sciences News Story

$93.38 -3.4  -3.5%

Last Trade - 5:16pm

Large Cap
Market Cap £11.77bn
Enterprise Value £11.62bn
Revenue £1.06bn
Position in Universe 674th / 6846

BUZZ-Exact Sciences acquires DNA sequencing lab, shares rise

Wed 14th April, 2021 2:34pm
** Shares of molecular diagnostics company  EXAS.O  rise
1.6% to $130 premarket
    ** Co says it has completed acquisition of DNA sequencing
lab Ashion Analytics from Arizona-based Translational Genomics
Research Institute (TGen) (https://refini.tv/3e5rccC)
    ** TGen is an affiliate of City of Hope, an independent
biomedical research and treatment center for cancer, diabetes
and other life-threatening diseases
    ** On Feb. 16, EXAS entered into an agreement with
Translational Genomics Research Institute to acquire Ashion
    ** EXAS also enters into a 10-year research collaboration
with TGen, according to the agreement
    ** XMS Capital served as financial adviser to Exact
Sciences, while Citi served as financial adviser to TGen and
City of Hope
    ** EXAS stock down ~3% this year, as of last close

 (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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