Greater Madison Chamber of Commerce: Statement on Exact Sciences economic impact report

MADISON, WI — Today, the Center for Research on the Wisconsin Economy (CROWE) issued a report on the economic impact of Exact Sciences. In response to this announcement, Greater Madison Chamber of Commerce President Zach Brandon released the following statement:

“With annual GDP contributions of $6-7 billion — almost 2% of the entire state’s economy — few organizations in Greater Madison’s history have had as significant an impact as Exact Sciences.

“This report also underscores the foundational role Exact Sciences has played in establishing Greater Madison’s reputation as a global leader in healthcare, life sciences and research innovation. Since moving its headquarters from Boston to Madison in 2009, the company has generated a total local employment impact of more than 20,000 jobs both directly and through multiplier effects.

“We are confident that with Abbott’s support, reach and resources, Exact Sciences will continue to attract top talent from across the globe, find innovative solutions to some of healthcare’s most complex challenges and play a pivotal role in our region’s thriving economy.”