EXACT Sciences Corp (NASDAQ:EXAS)

CAPS Rating: 2 out of 5

An applied genomics company that develops proprietary DNA-based technologies for use in the detection of cancer.

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Player Avatar RMITRA757 (99.33) Submitted: 2/1/2011 4:19:25 PM : Outperform Start Price: $4.06 EXAS Score: +136.43

Ever had a colonoscopy? I have. Not fun, and you miss a day of work Many doctors tell me they can't get their patents to get one. Exact sciences has a solution. A simple test that looks for methylated and/or mutated DNA in the stool. Pooping in a cup isn't the best, but it sure beats the alternative. Their v2 test recently completed a validation study which demonstrated the sensitive detection of both cancers and precancers. If that isn't exciting enough-- collaborators at the Mayo clinic have shown that DNA in stool can be used to diagnose pancreatic cancer and other upper GI cancers early. There's no other way to catch pancreatic cancer early. The colorectal test needs FDA approval, and then it will hit the market -- probably around 2013. Over the next 5 years, they can generate more than 1 billion in revenues with a high probability, IMO. This test won't replace a colonoscopy, at least initially, but it will be an important alternative/supplement.

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