Colon Cancer
EXACT Sciences Expands License Agreement with LabCorp for Colorectal Cancer Screening
Published in Proteomics Weekly, July 9th, 2007
EXACT Sciences Corporation (NASDAQ: EXAS) announced an expanded license agreement with Laboratory Corporation of America(R) Holdings (LabCorp(R)) that allows for broader distribution of EXACT's DNA technology for colorectal cancer (CRC) screening. Under the terms of the amended license, EXACT agreed to extend LabCorp's exclusivity period through 2010 in exchange for other terms including EXACT's right to also license the technology to select organizations and other commercial service laboratories.
"Our proactive pursuit of these new licensing terms offers EXACT the flexibility we need to expand the distribution of our DNA CRC screening technology together with LabCorp,"...
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Source: Proteomics Weekly (2007-07-09)
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