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The company reported $1.43 billion in revenue last year from its screening business, primarily from sales of its colon cancer test Cologuard, which was approved by the FDA in 2014.
Exact Sciences' Cologuard screening laboratory and warehouse in Madison, Wisconsin. A Cologuard test package, ready for return to the lab using the pre-paid UPS shipping label. The following is an illustration of the company's major mergers and acquisitions and historical predecessors (this is not a comprehensive list):
The false positive rate (FPR) is the proportion of all negatives that still yield positive test outcomes, i.e., the conditional probability of a positive test result given an event that was not present. The false positive rate is equal to the significance level. The specificity of the test is equal to 1 minus the false positive rate.
In clinical practice, post-test probabilities are often just estimated or even guessed. This is usually acceptable in the finding of a pathognomonic sign or symptom, in which case it is almost certain that the target condition is present; or in the absence of finding a sine qua non sign or symptom, in which case it is almost certain that the target condition is absent.
Cologuard is an at-home colon cancer screening kit that detects changes in genetic material indicating potential colon cancer or polyps.. It’s popular due to its noninvasive nature and ...
False positive COVID-19 tests—when your result is positive, but you aren’t actually infected with the SARS-CoV-2 virus—are a real, if unlikely, possibility, especially if you don’t perform ...
Fecal occult blood testing (FOBT), as its name implies, aims to detect subtle blood loss in the gastrointestinal tract, anywhere from the mouth to the colon.Positive tests ("positive stool") may result from either upper gastrointestinal bleeding or lower gastrointestinal bleeding and warrant further investigation for peptic ulcers or a malignancy (such as colorectal cancer or gastric cancer).
A false positive Covid-19 test result can happen, but it’s rare, says Brian Labus, Ph.D., M.P.H., assistant professor at the University of Nevada Las Vegas School of Public Health.