Abbott Nears Deal for Cancer Test Maker Exact Sciences

BloombergWednesday, November 19, 2025 at 6:37:39 PM
Abbott Nears Deal for Cancer Test Maker Exact Sciences
  • Abbott Laboratories is nearing a significant acquisition of Exact Sciences Corp., a cancer screening firm, which could mark a pivotal moment in the healthcare market.
  • This acquisition could enhance Abbott's portfolio in cancer diagnostics, positioning the company as a stronger player in the healthcare sector and potentially leading to advancements in cancer detection technologies.
— via World Pulse Now AI Editorial System

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Abbott to Buy Cancer-Screener Exact Sciences for $21 Billion
PositiveFinancial Markets
Abbott Laboratories has agreed to acquire Exact Sciences Corp., a cancer-screening company, for approximately $21 billion. The deal involves a cash payment of $105 per common share, representing a 51% premium over Exact Sciences' closing price prior to the announcement. This acquisition marks the largest healthcare deal in two years.
Abbott to Buy Cancer-Screener Exact Sciences for $21 Billion
PositiveFinancial Markets
Abbott Laboratories has agreed to acquire Exact Sciences Corp., a company specializing in cancer screening, in a deal valued at approximately $21 billion. This acquisition is expected to enhance Abbott's capabilities in the healthcare sector, particularly in cancer diagnostics.