During a call with investors Tuesday, Exact Sciences CEO Kevin Conroy did not specify a timeline to market for a Thrive product. The executive also wouldn't confirm whether Exact Sciences would launch CancerSeek as a lab-developed test — an approach that Grail has said it will take — or wait for a full FDA review. Conroy said a multicancer screening test won't replace a mammogram in detecting breast cancer, or a colonoscopy or Cologuard test in screening for colorectal cancer, largely because the sensitivity of a multicancer test won't match that of more traditional methods. Other companies are targeting the same cancer screening opportunity. Grail is aiming to get its multi-cancer screening test to market next year, and will now have Illumina's support. Freenome and Natera are in the race, too. When Illumina made its move for Grail, Cowen analysts predicted "a new era of consolidation in the space."