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Exact Sciences grosses $8.2mm through private placement

Executive Summary

Molecular diagnostics company Exact Sciences grossed $8.2mm through the private sale of 4.3mm common shares at $1.90 each (market average) to undisclosed accredited investors. Concurrently, the company also announced a collaboration with the Mayo Clinic that grants Exact exclusive rights to certain noninvasive colorectal cancer screening IP.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • Laboratory Testing Services
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Equity
    • Private Placement

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