Exact Sciences Completes Acquisition of Ashion Analytics, LLC, from The Translational Genomics Research Institute, an affiliate of City of Hope

On April 14, 2021 Exact Sciences Corp. (NASDAQ: EXAS) reported that it has completed its previously announced acquisition of Ashion Analytics, LLC (Press release, Exact Sciences, APR 14, 2021, View Source [SID1234578036]).

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"As a leader in cancer testing, we’re committed to providing earlier answers and life-changing treatment guidance to support patients along every step of their cancer journey," said Kevin Conroy, chairman and CEO of Exact Sciences. "With Ashion, we’ve added a talented team, a CLIA-certified and CAP-accredited lab, deep sequencing capabilities, and one of the most comprehensive genomic cancer tests available on the market today with GEM ExTra. This expertise will be integral in helping us extend our leadership in precision oncology and in serving more patients across the cancer continuum, including therapy selection and minimal residual disease testing."

Exact Sciences and The Translational Genomics Research Institute (TGen) are expanding their multi-year collaboration to further benefit from TGen and City of Hope’s expertise in developing better advanced cancer diagnostics and establishing the clinical evidence necessary to support their adoption.