Shares of Exact Sciences Corporation (NasdaqCM:EXAS) surged 25% on late November 19, 2025, after a report said the conglomerate Abbott Laboratories (NYSE:ABT) is close to a deal to acquire the company. Neither Abbott nor Exact Sciences immediately responded to a request for comment. The Bloomberg report didn?t include any financial terms of a potential deal.
Abbott Laboratories specializes in the research, development, manufacturing and marketing of pharmaceutical and medical products. Net sales break down by family of products as follows:
- vascular devices (26.7%): endoprosthetic systems, dilation catheters, arterial closures, etc.;
- diagnostic systems and instruments 22.3%);
- nutrition products (20%): pediatric nutrition products, nutritional supplements, and dietetic products;
- medicine (12.4%): anesthetics, antiviral products, antibiotics, inhibitors, anti-inflammatories, etc.;
- other (18.6%).
Net sales are distributed geographically as follows: the United States (38.9%), Germany (6.1%), China (5%), India (4.3%), Switzerland (4.2%), Japan (3.4%), the Netherlands (2.7%) and other (35.4%).
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