On November 20, 2025, Abbott announced it would acquire Exact Sciences, a leader in cancer screening and precision oncology diagnostics. The deal values Exact Sciences at approximately $21 billion, with shareholders receiving $105 per share in cash.
Abbott's purchase of Exact Sciences, based in Madison, Wisconsin, places the company at the forefront of the rapidly expanding cancer diagnostics market, estimated at $60 billion in the U.S. [web:1][web:2].
The deal will enable Abbott to expand access to innovative cancer diagnostics, improve early detection, and help more patients manage and treat cancer at its earliest, most treatable stages.
Abbott's acquisition of Exact Sciences signifies a major step into the growing cancer diagnostics industry, aiming to enhance early detection tools and personalized cancer care, serving millions worldwide.