Exact Sciences Completes Combination with Genomic Health, Creating Leading Global Cancer Diagnostics Company

On November 8, 2019 Exact Sciences Corp. (NASDAQ: EXAS) reported that it has completed its previously announced combination with Genomic Health, Inc. (NASDAQ: GHDX) (Press release, Exact Sciences, NOV 8, 2019, View Source [SID1234550759]).

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"Today marks a pivotal step toward building the world’s leading advanced cancer diagnostics company," said Kevin Conroy, chairman and CEO of Exact Sciences. "We’re excited to bring together some of the greatest minds in cancer diagnostics and continue to deliver advanced tests to providers and patients along their cancer journey. With a best-in-class R&D, clinical, and commercial organization and a global infrastructure, we are well positioned to increase adoption of our existing tests and accelerate the development and launch of future cancer diagnostics. I welcome the talented Genomic Health employees to the Exact Sciences family and look forward to leading our combined team as we enter our Company’s next chapter."

As a result of the transaction’s close, Genomic Health’s common stock will now cease to be traded on the NASDAQ.