An example of this is Exact Sciences’ blood-based cancer screening, which is currently undergoing clinical trials. In September 2020, preliminary data showed that the test, also known as a liquid biopsy, could identify between 83% and 87% of cases of cancer of the liver, lung, ovary, pancreas or stomach. stomach, with a false positive rate of 5%.
The lab will feature new technology and automation to further support the development of Cologuard products. The warehouse would allow storage at controlled temperatures, as well as the storage of hazardous materials.
The additions will allow Exact to hire more scientists, engineers, software development personnel, clinical laboratory employees, business analysts and customer service employees, Conroy said, adding that the company was “full to bursting”.
The company currently has over 6,500 employees. About 3,500 of those staff are based in the Dane County area, Larrivee said.
The exteriors of the new and expanded buildings include aesthetic elements similar to existing Exact structures, according to design renderings that show a gray color palette, large windows and glass facades.
To support the construction effort, the Wisconsin Economic Development Corp. recently authorized an increase in Enterprise Zone tax credits from $9 million to $27.5 million if Exact Sciences meets its job creation and capital expenditure investment targets by 2025.