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Abbott finalizes purchase of Madison-based Exact Sciences

A recent report from a University of Wisconsin-Madison organization found that Exact Sciences contributed around $6 billion to $7 billion to the state’s economy.

The company grew from small beginnings, starting with 19 employees in 2009 to about 7,200 employees globally. Revenues grew from $4.8 million in 2009 to $3.2 billion by 2025. Researchers attribute this growth to Cologuard’s success.