Exact Sciences: Cost Optimization And Product Strength
EXASExact Sciences(EXAS) Seeking Alpha·2024-08-19 06:51
Hiroshi Watanabe Since I last covered Exact Sciences (NASDAQ:NASDAQ:EXAS) back in August 2021 it is down by around 35%, it is trading at around $58.75 as per the chart below. This thesis aims to show that the recent upside should continue amid volatility. Data by YCharts Three years back, I had a hold position as despite the biotech's DNA-based cancer diagnostics products becoming mainstream, this field involved heavy R&D expenses with competition faced from the likes of Invitae (OTCPK:OTC:NVTAQ). It wa ...