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EXACT Sciences Announces Acceptance of Abstracts At Major Scientific Meetings.


Business Editors & Health/Medical Writers

BIOWIRE2K

MAYNARD, Mass.--(BW HealthWire)--Sept. 26, 2001

Abstracts further validate proprietary genomics-based technology

for detection of colorectal cancer

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 that abstracts submitted by the company and its collaborators to the American Society of Human Genetics (ASHG ASHG American Society of Human Genetics ) and American College of Gastroenterology The American College of Gastroenterology (ACG) is a Bethesda, Maryland-based medical association of gastroenterologists.

The association was founded in 1932 and holds annual meetings and regional postgraduate continuing education courses, establishes research grants,
 (ACG ACG American College of Gastroenterology; angiocardiography; apexcardiogram.
AcG accelerator globulin (coagulation factor V).

AcG

accelerator globulin (clotting factor V).
) have been accepted for presentation at the groups' respective annual meetings in October.

The abstracts provide further scientific evidence on the use of EXACT Sciences' DNA-based technologies for the non-invasive detection of colorectal cancer in stool. "We are pleased to continue to receive recognition and support from the scientific and medical communities," said Don Hardison, EXACT Sciences' 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. . "These works represent a significant advance in using EXACT Sciences' PreGen technology for the routine screening and surveillance of individuals at risk for developing colorectal cancer. As a greater number of people in the U.S. turn 50, the age 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,
 recommends for the initiation of regular colon cancer screening, the need for tests that accurately detect cancer and that can best triage triage

Division of patients for priority of care, usually into three categories: those who will not survive even with treatment; those who will survive without treatment; and those whose survival depends on treatment.
 patients for colonoscopy is going to increase dramatically. We believe that our PreGen technology will provide a solution to this problem."

The first abstract, titled "Results of Stool BAT-26 Assay in People with HNPCC HNPCC Hereditary Nonpolyposis Colorectal Cancer
HNPCC Hereditary non-polyposis colon cancer
," has been accepted for presentation at the ASHG annual meeting to be held in San Diego, October 12-16. This abstract is the result of a collaboration between EXACT Sciences' scientific team, Henry Lynch, M.D. from Creighton University and Patrice Watson, Ph.D. from Creighton University. "The results of this study indicate that PreGen-26(TM) is useful as an adjunct to colonoscopy in screening people with the genetic syndrome known as Hereditary Non-Polyposis Colorectal Cancer," stated Dr. Lynch.

The second abstract, lead-authored by Dr. Randall E. Brand, an EXACT Sciences collaborator, has been accepted for presentation at the ACG annual meeting in Las Vegas on October 19-24. The abstract is titled "Stool 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.
 Mutation Testing for Colorectal Cancer Detection: Sensitivity and Reproducibility."

About EXACT Sciences Corporation

EXACT Sciences Corporation is an applied genomics company that has developed proprietary technologies that may be used for the early detection of several common cancers. EXACT Sciences has selected colorectal cancer as the first application of its technologies. Colorectal cancer is the most deadly cancer among non-smokers, and is 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. EXACT Sciences believes its genomics-based technologies will enable early detection of colorectal cancer so that more people can be effectively treated. Founded in 1995, EXACT Sciences is based in Maynard, Mass. Detailed information on EXACT Sciences can be found on the World Wide Web at www.exactsciences.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to a variety of risks and uncertainties, many of which are beyond EXACT Sciences' control, 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, that the completion of clinical studies may not prove the superiority of EXACT Sciences' technologies, the failure to convince medical practitioners to order tests using EXACT Sciences' technologies, the loss of support of key scientific collaborators, the failure to comply with federal and state statutes and regulations relating to EXACT Sciences' products and services, including FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 requirements, and the operation of EXACT Sciences' laboratory, including the Clinical Laboratory Improvement Amendments Clinical Laboratory Improvement Amendments (CLIA) of 1988 are United States federal regulatory standards that apply to all clinical laboratory testing performed on humans in the United States, except clinical trials and basic research. , competition, the inability 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. 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 Form 10-K for the year ended December 31, 2000 and subsequent Forms 10-Q.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 26, 2001
Words:733
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