By Judy Newman, Wisconsin State Journal
With its home test kit for colorectal cancer now available for use in the U.S. and Europe, Exact Sciences Corp. has become one of the fastest-growing businesses in the Madison area.
One year ago, the company had 110 employees. Now it has 430. And the staff will likely double by the end of this year to more than 800, said Kevin Conroy, president, chief executive and chairman.
“I can’t think of anyone that’s had that level of growth in that time frame, outside of Exact and Epic,” said Matthew Mikolajewski, Madison Office of Business Resources manager.
Epic Systems Corp., Verona, one of the nation’s largest electronic health records developers, has about 8,000 employees, up around 1,000 in the past year.
Since federal regulators approved the use of Exact Science’s Cologuard noninvasive, stool-based DNA test for colorectal cancer last August, 4,000 physicians nationwide had prescribed it for their patients by the end of 2014, and 10,000 had enrolled with Exact Sciences for authorization to prescribe the test. Read more …