Exact Sciences’ Stock is Soaring – Here’s Why

September 15. 2018. 5 mins read

In a recent article, we talked about how the mythical “cure for cancer” doesn’t actually exist. There is no one-size-fits-all cure for the over 100 types of cancer out there, not to mention the advances being made in cancer genomics that show just how many unique variations of cancer there are. Everyone’s cancer is unique, and the path we’re going down now is genomic profiling and personalized treatment. That’s for people who have mid to late-stage cancer, but for the earlier stages, we may be able to “cure cancer” through early detection.

While startups like Grail are ramping up to dominate early detection at a broader level, other companies are already making loads of money off of tests that can detect specific types of cancer before they become problematic. One such company is Exact Sciences (EXAS).

About Exact Sciences

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Founded in 1995, Exact Sciences became a publicly traded company in early 2001 after which time the stock stagnated for about fifteen years, eventually reaching an all-time low of less than $5 per share in March of 2016. If you were smart enough to back up the truck at that price, you’d be up +1,438% on your position as the company approaches a $10 billion market cap today. So, what exactly has happened in the past several yea

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