{"id":189556,"date":"2025-11-19T20:18:06","date_gmt":"2025-11-19T20:18:06","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/189556\/"},"modified":"2025-11-19T20:18:06","modified_gmt":"2025-11-19T20:18:06","slug":"abbott-is-weighing-takeover-of-exact-sciences-bloomberg-news-reports","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/189556\/","title":{"rendered":"Abbott is weighing takeover of Exact Sciences, Bloomberg News reports"},"content":{"rendered":"

Nov 19 (Reuters) – Medical device maker Abbott Laboratories (ABT.N), opens new tab<\/a> is nearing a potential takeover of cancer test maker Exact Sciences Corp (EXAS.O), opens new tab<\/a>, Bloomberg News reported on Wednesday, citing people familiar with the matter.<\/p>\n

The deal could be announced in the coming days and deliberations are ongoing, which could still be delayed or falter, the report added.<\/p>\n

Sign up here.<\/a><\/p>\n

Shares of Exact Sciences, which has a market value of more than $13 billion, rose nearly 25%, while Abbott’s shares fell 3% in afternoon trading.<\/p>\n

Abbott is discussing the terms of a transaction, the report said.<\/p>\n

The companies did not immediately respond to Reuters’ requests for comment.<\/p>\n

Exact Sciences’ flagship diagnostic test, Cologuard, is a non-invasive test to screen for colorectal cancer, providing a convenient alternative compared to a colonoscopy.<\/p>\n

Unlike a colonoscopy, which requires bowel preparation, sedation and a clinical visit, Exact’s test can be done at home by collecting a stool sample and mailing it to a lab.<\/p>\n

Colorectal cancer is the second leading cause of cancer-related deaths worldwide, according to WHO data.<\/p>\n

Reporting by Padmanabhan Ananthan in Bengaluru; Editing by Alan Barona<\/p>\n

Our Standards: The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n

Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Nov 19 (Reuters) – Medical device maker Abbott Laboratories (ABT.N), opens new tab is nearing a potential takeover…\n","protected":false},"author":2,"featured_media":189557,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[275],"tags":[82519,82499,106025,36586,82500,82502,87219,18,135,475,474,87211,87212,87651,106026,19,17,106027,106028,96155,82506,82524,88229,82510,106024,87204,84457,87203,82533,107],"class_list":{"0":"post-189556","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-amers","9":"tag-bact","10":"tag-biodt","11":"tag-biz","12":"tag-cmpny","13":"tag-deal1","14":"tag-destoushem","15":"tag-eire","16":"tag-health","17":"tag-health-care","18":"tag-healthcare","19":"tag-heca","20":"tag-hlthse","21":"tag-hot","22":"tag-hprd","23":"tag-ie","24":"tag-ireland","25":"tag-medq","26":"tag-medq1","27":"tag-mrch","28":"tag-mrg","29":"tag-namer","30":"tag-phmr","31":"tag-publ","32":"tag-rhpimedtech","33":"tag-rhpimergers-acquisitions","34":"tag-stx","35":"tag-topicpharma-healthcare-business-health","36":"tag-topnws","37":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115578215000134150","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/189556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=189556"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/189556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/189557"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=189556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=189556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=189556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}