Exact Sciences enters license agreement with TwinStrand Biosciences

TwinStrand Biosciences “announced an agreement with Exact Sciences, a provider of cancer screening and diagnostic tests, to exclusively license its patent estate in the cell free nucleic acid sequencing space, including its patent portfolios licensed from the University of Washington and the University of Texas Southwestern. The license is related to TwinStrand Duplex Sequencing(R) error-correction technology, which increases the accuracy of next-generation sequencing by as much as 10,000 times, allowing the detection of ultra-low frequency mutations that would otherwise be hidden by technical noise inherent to the sequencing process. This agreement provides Exact Sciences the ability to use, commercialize, and sublicense the intellectual property acquired under the license. Exact Sciences’ rights are broadly exclusive with respect to cell free nucleic acid sequencing, subject to certain non-exclusive relationships in the field.”