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Exact Sciences Corporation Message Board

  • josephgauze josephgauze Jun 26, 2013 3:37 PM Flag

    Pricing question

    does anyone know the approximate price Exact is looking for with regards to the charge fee cologard will be assigned to the indivuidual- ie how much will the test cost?

    Sentiment: Buy

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    • Conroy has stated that he believes the market will have no problem in placing a $500 valuation on the Cologuard test.

    • I get a kick out of the comments on this message board, often what people want to happen or emotionally believe. Have you had a colonoscopy? I have to have them every 5 years, and after Cologuard is approved, will never get another. And, I will gladly pay $300-$500 for a Cologard every two years instead. You are underestimating the spadework that Conroy has in place with the FDA (and Medicare), how much the government will save in healthcare costs, how many lives will be saved, the price that will be accepted, and how easy it is to use Cologuard. Colonoscopies generally cost over $2,000, are invasive, can be dangerous, involve terrible prep/cleansing, and the loss of over a day. There are a huge people dieing every year worldwide from colon cancer that need not! Also, blood tests are useless with high false rates and anything else being touted is either low in sensitivity or ten plus years away. Look closely at the clinicals, etc., for other companies like Epi, etc. They are in neutral because they do not have the performance required. Cologuard will be for colorectal cancer what multiple pap smears were for cervical cancer. And, EXAS has the management, infrastructure, funds, and proprietary property to tilt this puppy up. that is why the big boys are driving the stock price up. This stock will quadruple with FDA approval soon.

      Sentiment: Strong Buy

    • I am hoping they get $300. The comon sense models i have played with do not really justify anything more even though some codes might.. If the specificity had been higher, we could hope for a higher number. I will personally be exstatic about $300! Margins are great!

      Sentiment: Strong Buy

 
EXAS
15.99-0.53(-3.21%)Jul 25 3:59 PMEDT

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