EXACT Sciences Corporation (EXAS), Once Near Death, Bounces Back With Colon Cancer Diagnostic
12/18/2013 6:54:03 AM
Four years ago, Exact Sciences was roadkill. The company, based in greater Boston at the time, had been experimenting with molecular diagnostic technologies for more than a dozen years. It had a stellar scientific pedigree from founder Stanley Lapidus. But it had burned through more than $170 million of investor cash, and still had no convincing clinical trial data to support a market-ready diagnostic test.
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