Abbott’s Cologuard Plus screening test receives CE Mark

Abbott (NYSE: ABT) has received approval in Europe for its updated Cologuard Plus screening test for colorectal cancer, ahead of plans for a phased rollout across the continent.

After Cologuard first debuted more than 10 years ago, the new version of the stool test with at-home sample collection brings a refined slate of genetic biomarkers, which the company says cuts its rate of false positives.

First developed through a collaboration with the Mayo Clinic, the test was acquired through the company’s $21 billion buyout of Exact Sciences last year, which also brought the tissue- and blood-based cancer diagnostics Oncotype Dx, Cancerguard and Oncodetect into Abbott’s fold.

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