Exact Sciences Acquires Thrive Earlier Detection
October 27, 2020
Exact Sciences Corp. agreed to acquire Thrive Earlier Detection Corp. for up to $2.15 billion in cash and stock, a deal intended to combine Thrive's CancerSEEK multi-cancer blood test with Exact Sciences' commercial and R&D capabilities. The transaction, unanimously approved by both boards, is designed to accelerate development, regulatory approval, and adoption of blood-based multi-cancer screening.
- Buyers
- Exact Sciences Corp.
- Targets
- Thrive Earlier Detection Corp.
- Industry
- Healthcare Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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