Abbott to Buy Cancer-Screener Exact Sciences for $21 Billion
PositiveFinancial Markets

- Abbott Laboratories has reached an agreement to acquire Exact Sciences Corp. for about $21 billion, marking a significant move in the cancer screening market. This acquisition is poised to strengthen Abbott's position in the healthcare industry.
- The deal is anticipated to enhance Abbott's portfolio, allowing the company to expand its offerings in cancer diagnostics, which is a growing area of focus in healthcare.
- This acquisition reflects broader trends in the healthcare sector, where companies are increasingly seeking to consolidate resources and expertise to improve patient outcomes and drive innovation in cancer detection technologies.
— via World Pulse Now AI Editorial System

