Pull to refresh
Logo
Daily Brief
Following
Why Sign Up
Kevin T. Conroy

Kevin T. Conroy

Former Chairman and Chief Executive Officer, Exact Sciences

Appears in 1 story

Stories

Abbott absorbs Exact Sciences, creating a cancer diagnostics giant

Money Moves

Transitioning to advisory role at Abbott

Abbott Laboratories closed its $21 billion acquisition of Exact Sciences on March 23, making the maker of the Cologuard colorectal cancer screening test a wholly owned subsidiary of one of the world's largest healthcare companies. The all-cash deal, at $105 per share, passed through antitrust review without a second request from regulators—a sign of how little the two companies' product lines overlapped before this combination.

Updated 2 hours ago