Exact Sciences to Pay $885 Million for Freenome’s Blood-Based CRC Test Rights

Table of Contents

Exclusive U.S. licensing deal aims to reshape colorectal cancer screening landscape

Exact Sciences secured exclusive U.S. commercialization rights to Freenome’s blood-based colorectal cancer screening test through a licensing agreement worth up to $885 million in milestones.

The partnership combines Exact Sciences’ established commercial presence in cancer screening with Freenome’s innovative liquid biopsy technology, potentially creating a more convenient alternative to existing screening methods.

Market Disruption Potential: Blood-based screening could significantly increase colorectal cancer screening compliance by offering a simpler alternative to colonoscopy or stool-based tests. Freenome retains rights for multi-cancer applications, allowing parallel development of broader screening panels.

Exact Sciences will accelerate the test’s commercialization using its established relationships with healthcare providers and payers, while Freenome focuses on expanding the platform to additional cancer types.

Featured Articles

Daily Updates

Vedanta (PureTech’s Microbiome Unit) to Cut Staff After IBD Trial Failure

Microbiome subsidiary faces workforce reduction following ulcerative colitis study setback, highlighting development risks in emerging therapeutic area Vedanta Biosciences, PureTech Health’s microbiome-focused subsidiary, announced workforce reductions following a failed ulcerative colitis clinical trial, underscoring the inherent risks and development challenges in the emerging microbiome therapeutics

Read More »
Health

Syncell Partners with Thermo Fisher to Advance Spatial Proteomics

Taiwan-based biotech announces co-marketing agreement to push high-resolution subcellular mapping into new research frontiers Taiwan’s Syncell announced a strategic co-marketing agreement with Thermo Fisher Scientific to advance high-resolution spatial proteomics capabilities, opening new frontiers in subcellular protein mapping and single-cell analysis for research and clinical

Read More »

Join a Community of 35,000+ Industry Leaders and Innovators

Stay Ahead in Biotech & MedTech Innovations

Join the BioMed Nexus community and get the latest breakthroughs, research updates, and industry insights delivered straight to your inbox.