Exact Sciences Corp. (Nasdaq: EXAS) today announced the promotion of Maneesh K. Arora to the position of chief operating officer. Mr. Arora will continue in his role as the company’s chief financial officer.
“Maneesh is an invaluable partner and a respected leader both inside and outside the company,” said Kevin T. Conroy, Exact’s president and chief executive. “He is overseeing our multi-center DeeP-C study, which will be one of the largest colorectal cancer screening trials ever completed. Maneesh also has been instrumental in building the company’s manufacturing operations to support not only the clinical trial, but also the commercialization of our Cologuard™ test once it’s approved by the FDA.
“Maneesh has handled these and other important initiatives with great skill, all while ensuring the company’s continued financial strength as chief financial officer. This promotion recognizes all the contributions Maneesh has made and will continue to make to the company and our shareholders, partners and customers,” Mr. Conroy said.
Mr. Arora, 43, was appointed Exact’s senior vice president and chief financial officer in March 2009. Before joining Exact, he was senior vice president and chief financial officer of Third Wave Technologies Inc., a molecular diagnostics company that was acquired by Hologic Inc. in June 2008. While at Third Wave, he helped manage the clinical trials and FDA submissions of its human papillomavirus and cystic fibrosis tests.
About Exact Sciences Corp.
Exact Sciences Corp. is a molecular diagnostics company focused on colorectal cancer. The company has exclusive intellectual property protecting its non-invasive, molecular screening technology for the detection of colorectal cancer. Stool-based DNA technology is included in the colorectal cancer screening guidelines of the American Cancer Society and the U.S. Multi-Society Task Force on Colorectal Cancer. For more information, please visit the company’s website at
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