We may use cookies to improve your experience with our website and to provide you with more relevant content based on your interests. To learn more about what information we collect, how we use it, and how to manage cookies, review our Privacy Policy.

AMITA Health Adopts Cologuard

Chicago-Area System Offers Innovative At-Home Test

MADISON, Wis., March 3, 2016  Exact Sciences Corp. (Nasdaq: EXAS) announced today that AMITA Health of the Chicago area has adopted Cologuard, the first and only FDA approved noninvasive stool DNA screening test for colorectal cancer.

“AMITA Health is determined to engage patients at a higher level in the quest to reduce the incidence of colon cancer. Cologuard offers us another solid screening option that is easy to administer and reliably adds to the arsenal physicians can offer patients in the fight against colon cancer,” said Dr. Reinhold Llerena, primary care physician with the AMITA Health Medical Group.

Cologuard analyzes a person’s stool to detect both altered DNA and blood known to be associated with colorectal cancer and precancer. Cologuard was shown to identify 92 percent of colorectal cancers in average risk patients with 87 percent specificity. Unlike some screening options, Cologuard does not require medication, dietary restrictions or bowel preparation prior to taking the test. Cologuard makes it easy for patients to take the test at their convenience and in the privacy and comfort of their own home.

"AMITA Health’s adoption of Cologuard provides more patients in the Chicagoland area access to an innovative screening tool for colorectal cancer," said Kevin Conroy, Chairman and CEO of Exact Sciences. “We are proud to work with their healthcare providers to get more people screened.”

About Cologuard

Cologuard was approved by the FDA in August 2014 and results from Exact Sciences’ prospective 90-site, point-in-time, 10,000-patient pivotal trial were published in the New England Journal of Medicine in March 2014. Cologuard is included in the colorectal cancer screening guidelines of the American Cancer Society and stool DNA is listed in the screening guidelines of the U.S. Multi-Society Task Force on Colorectal Cancer. Cologuard is indicated to screen adults of either sex, 50 years or older, who are at average risk for colorectal cancer. Cologuard is not for everyone and is not a replacement for diagnostic colonoscopy or surveillance colonoscopy in high-risk individuals. False positives and false negatives do occur. Any positive test result should be followed by a diagnostic colonoscopy. Following a negative result, patients should continue participating in a screening program at an interval and with a method appropriate for the individual patient. Cologuard performance when used for repeat testing has not been evaluated or established. For more information about Cologuard, visit www.CologuardTest.com. Rx Only.

About Exact Sciences Corp.

Exact Sciences Corp. is a molecular diagnostics company focused on the early detection and prevention of the deadliest forms of cancer. The company has exclusive intellectual property protecting its non-invasive, molecular screening technology for the detection of colorectal cancer. Cologuard is included in the colorectal cancer screening guidelines of the American Cancer Society and stool DNA is included in the U.S. Multi-Society Task Force on Colorectal Cancer. For more information, please follow us on Twitter @ExactSciences or find us on Facebook .

Certain statements made in this presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. All statements other than (6 font) statements of historical facts included in this presentation regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding potential agreements with Anthem affiliates beyond the executed agreement for California , anticipated future sales and marketing activities targeted toward Anthem members, expected future operating results, anticipated results of our sales and marketing efforts, expectations concerning payor reimbursement and the anticipated results of our product development efforts. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully and profitably market our products; the acceptance of our products by patients and health care providers; the willingness of health insurance companies and other payors to reimburse us for our performance of the Cologuard test; the amount and nature of competition from other cancer screening products and procedures; our ability to maintain regulatory approvals and comply with applicable regulations; our success establishing and maintaining collaborative and licensing arrangements; recommendations and/or guidelines issued by the U.S. Preventive Services Task Force, the American Cancer Society, or other organizations regarding cancer screening or our products and services; our ability to successfully develop new products; and the other risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contact:

Jack Helmer
Exact Sciences Corp.
jhelmer@exactsciences.com
(608) 210-5170

Matt Wakely
AMITA Health
Matthew.Wakely@alexian.net
(847) 385-7176

Subscribe To The Blog