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EXACT Sciences' DNA Technology is Preferred Non-Invasive Method for Colorectal Cancer Screening Among Patients.


-- Newly Published Study Confirms Earlier Findings --

MARLBOROUGH, Mass. -- EXACT Sciences Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: EXAS) announced today the publication of a study which concluded that patients who are educated about, but inexperienced with, the various colorectal cancer colorectal cancer

Malignant tumour of the large intestine (colon) or rectum. Risk factors include age (after age 50), family history of colorectal cancer, chronic inflammatory bowel diseases, benign polyps, physical inactivity, and a diet high in fat.
 (CRC (Cyclical Redundancy Checking) An error checking technique used to ensure the accuracy of transmitting digital data. The transmitted messages are divided into predetermined lengths which, used as dividends, are divided by a fixed divisor. ) screening methods prefer stool-based DNA DNA: see nucleic acid.
DNA
 or deoxyribonucleic acid

One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes.
 technology (sDNA) over other non-invasive methods. The study, entitled "Patient Preferences for Colorectal Cancer Screening: How Does Stool DNA Testing DNA testing
Analysis of DNA (the genetic component of cells) in order to determine changes in genes that may indicate a specific disorder.

Mentioned in: Acoustic Neuroma, Retinoblastoma, Von Willebrand Disease
 Fare?" appears in the July issue of The American Journal of Managed Care.

"Previously, we demonstrated in a large, multi-center study that patients who were experienced with colonoscopy, sDNA and fecal occult blood testing Fecal Occult Blood Test Definition

The fecal occult blood test (FOBT) is performed as part of the routine physical examination during the examination of the rectum.
 (FOBT FOBT Fecal occult blood testing, see there. See Occult bleeding. ) preferred sDNA over colonoscopy and over FOBT for their routine screening, and they did so by statistically significant margins1," said Paul C. Schroy III, MD, Professor of Medicine, Boston University School of Medicine Boston University School of Medicine (BUSM) is one of the graduate schools of Boston University. It is an American medical school located in the South End neighborhood of Boston, Massachusetts.  and principal investigator Noun 1. principal investigator - the scientist in charge of an experiment or research project
PI

scientist - a person with advanced knowledge of one or more sciences
 of the study. "In the current study, we demonstrated that even inexperienced patients, when educated about each test, preferred sDNA over FOBT among the non-invasive options. More broadly, we also reaffirmed others' findings that patients value greatly the shared decision-making process between patient and physician, as advocated by the U.S. Preventative Services Task Force and the U.S. Multi-Society Task Force," continued Schroy. "It is reasonable, therefore, to expect that if physicians engaged patients in a shared decision-making process and spent the time to educate them about the pros and cons pros and cons
Noun, pl

the advantages and disadvantages of a situation [Latin pro for + con(tra) against]
 of the different screening tests, many patients would prefer a non-invasive approach, and particularly sDNA."

In the study, 263 subjects were educated about six CRC screening tests: colonoscopy, flexible sigmoidoscopy, FOBT, flexible sigmoidoscopy plus FOBT, double contrast barium enema Barium Enema Definition

A barium enema, also known as a lower GI (gastrointestinal) exam, is a test that uses x-ray examination to view the large intestine.
 and sDNA. The authors conclude that average risk patients who are inexperienced with screening prefer sDNA among non-invasive options and prefer colonoscopy, overall, due to its effectiveness. Importantly, the study also showed that most patients value a shared decision-making process with their physician when it came to test selection. Finally, the authors found that because colonoscopy and stool-based tests, particularly sDNA testing, are preferred over other options, it suggests that provider-patient decision making can be tailored to include fewer options.

Among the tests evaluated, patients preferred colonoscopy, sDNA and FOBT by a wide margin over all other options. In addition, while patients preferred colonoscopy overall (citing accuracy as the major factor), patients preferred sDNA over FOBT among non-invasive options by a statistically significant margin (p<0.001). The authors state that the finding that sDNA is preferred over FOBT is particularly noteworthy since it not only corroborates previous patient preference studies (Schroy, 2005), but also suggests that even patients lacking prior experience with screening find sDNA more acceptable based on the perception of superior accuracy and a less demanding preparation.

"We are very encouraged by this additional evidence of patient preference for sDNA testing," said Don Hardison, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of EXACT Sciences. "We, and others in the medical community, continue to believe that to increase CRC screening and save more lives, we have to advance new screening tools that are both accurate and easy for the patient to perform. We also believe that sDNA meets these goals and, therefore, look forward to a positive decision by the American Cancer Society American Cancer Society,
n.pr established in 1913, this national volunteer-based health organization is committed to the elimination of cancer through prevention and treatment and to diminishing cancer suffering through advocacy, scholarship, research,
 and the U.S. Multi-Society Task Force that will include sDNA in the updated CRC screening guidelines."

Colorectal cancer is the most deadly cancer among non-smoking men and women in the U.S., and the second most deadly cancer overall. Annually, there are nearly 154,000 CRC cases diagnosed and 52,000 deaths due to this disease2. It is estimated that roughly one-third of CRC-related deaths could be saved if more people underwent regular screening. Early diagnosis results in a greater than 90 percent, five-year survival five-year survival Epidemiology The timespan that a person survives with a particular dread disease, in particular CA; 5YS facilitates standardization of survival statistics. See Cancer-free survival.  rate. The American Cancer Society (ACS (Asynchronous Communications Server) See network access server. ) has set a goal of increasing to 75 percent the proportion of people over the age of 50 who have CRC screening consistent with the ACS guidelines by the year 2015.

About EXACT Sciences Corporation

EXACT Sciences Corporation uses applied genomics applied genomics Molecular genetics Molecular medicine The use of genetic information to diagnose, prognosticate and manage disease, based on the techniques of PCR, real time-PCR, DNA sequencing, and gene rearrangement studies for leukemia and lymphoma.  to develop effective, patient-friendly screening technologies for use in the detection of cancer. Colorectal cancer, which is the most deadly cancer among non-smokers, is generally curable cur·a·ble
adj.
Capable of being cured or healed.
 if detected early. Despite the availability of colorectal cancer screening and diagnostic tests for more than 20 years, the rate of early detection of colorectal cancer remains low, and deaths from colorectal cancer remain high. EXACT Sciences believes its genomics-based technologies will help enable detection of colorectal cancer so that more people can be effectively treated. EXACT Sciences is based in Marlborough, Mass. PreGen-Plus[TM], the non-invasive colorectal cancer screening testing service based on EXACT's DNA technology, is offered by LabCorp([R]) and has not been approved or cleared by the Food & Drug Administration.

Certain statements made in this press release that are not based on historical information are express or implied forward-looking statements relating to, among other things, EXACT Sciences' expectations concerning, among other things, the likelihood of the inclusion of stool-based DNA screening in any updated colorectal cancer screening guidelines and management's plans, objectives and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond EXACT Sciences' control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things, the clinical performance and market acceptance of EXACT Science's technologies; the reproducibility of its research results in subsequent studies and in clinical practice; the inclusion of fecal DNA screening in colorectal cancer screening guidelines; sufficient investment in the sales and marketing of EXACT Sciences' technologies; the success of its strategic relationship with LabCorp; EXACT Sciences' ability to license certain technologies or obtain raw materials for its technologies; the ability to convince Medicare and other third-party payors to provide adequate reimbursement for EXACT Sciences' technologies; the ability to convince medical practitioners to order tests using EXACT Sciences' technologies; the ability to increase the performance of the PreGen-Plus test; the ability of EXACT Sciences or LabCorp to lower the cost of the PreGen-Plus test through automating and simplifying key operational processes; the number of people who decide to be screened for colorectal cancer using EXACT Sciences' technologies; competition; the ability to protect EXACT Sciences' intellectual property and the cost of enforcing or defending EXACT Sciences in litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 relating to intellectual property rights; the possibility that other companies will develop and market novel or improved methods for detecting colorectal cancer; and the ability to raise additional capital on acceptable terms. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. EXACT Sciences undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by EXACT Sciences, see the disclosure contained in EXACT Sciences' public filings with the Securities and Exchange Commission including, without limitation, its most recent Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and subsequent quarterly reports on Form 10-Q Form 10-Q

See 10-Q.
 filed with the SEC.

1Schroy PC and Heeren TC. Patient Perceptions of Stool-Based DNA Testing for Colorectal Cancer Screening. American Journal of Preventative Medicine 2005;28(2):208-14.

2American Cancer Society, Facts & Figures, 2007
COPYRIGHT 2007 Business Wire
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Publication:Business Wire
Date:Jul 11, 2007
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