Originally published June 24.

Following the submission of its last data module for the Cologuard test with the US Food and Drug Administration, Exact Sciences announced this week that it had raised more than $73 million in net proceeds from a public offering of its common stock.

Exact Sciences said in a statement that the funds give the company working capital that might go toward product development and commercialization activities, and be used to garner FDA approval for Cologuard.

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