A Madison-based company specializing in the detection of early-stage cancers announced on Thursday that it will spend $350 million to extend its work in Wisconsin.
Wisconsin's economic-development agency has decided that the medical diagnostics company Exact Sciences Corporation doesn't have to repay the state any of the tax credits it received for creating jobs elsewhere, even though the company itself had promised to return $61,000.
The Madison-based medical-diagnostics firm Exact Sciences Corporation is the unnamed company discussed in an audit report that revealed it had received $61,000 worth of tax credits for jobs created outside of Wisconsin, an open records request by The Associated Press revealed.