Sequenom Terminates Exchange Offer to Acquire EXACT Sciences

30-Jan-2009 - USA

Sequenom, Inc. announced it is terminating its exchange offer to acquire all of the outstanding shares of common stock of EXACT Sciences Corporation without accepting for exchange or exchanging any shares of EXACT Sciences common stock. Sequenom had previously announced that it would terminate the exchange offer if EXACT Sciences entered into any out-licensing agreement, collaboration or financial restructuring. Sequenom continues to be committed to building its oncology diagnostic franchise.

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