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Abbott Bets Hard on Cancer Diagnostics with New Deal

Its acquisition of Exact Sciences should catch the attention of all molecular testing laboratories

Abbott Laboratories’ deal to acquire Exact Sciences for $23 billion emphasizes the value that the in vitro diagnostics (IVD) manufacturer puts on cancer testing. Clinical laboratories involved with oncology should monitor the progress of this deal and whether other IVD companies pursue similar endeavors, said Larry Worden, principal at research and consulting firm IVD Logix. […]

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