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Abbott to Acquire Exact Sciences for $21 Billion

11/20/2025

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Story summary
  • Abbott Laboratories announced on November 20, 2025 that it will acquire Exact Sciences for about $21 billion in cash at $105 per share, a 22% premium.
  • The deal includes Exact Sciences' colorectal cancer test Cologuard and breast cancer test Oncotype DX, expanding Abbott's cancer-screening footprint.
  • Analysts question the strategic fit, noting Abbott lacks an oncology division.
  • The deal is expected to close in Q2 2026, pending shareholder approval.