Myriad Genetics Net Worth is$496 M Sales
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Company Name: '''Myriad Genetics''' / company logo

Myriad Genetics, Inc. is a molecular diagnostic company based in Salt Lake City, Utah. Myriad employs a number of proprietary technologies that permit doctors and patients to understand the genetic basis of human disease and the role that genes play in the onset, progression and treatment of disease. This information is used to guide the development of new molecular diagnostic products that assess an individual's risk for developing disease later in life (predictive medicine), identify a patient's likelihood of responding to a particular drug therapy and tailor a patient's drug dose to ensure optimal treatment (personalized medicine), and assess a patient's risk of disease progression and disease recurrence (prognostic medicine). Myriad was the subject of scrutiny after it became involved in a lengthy lawsuit over its controversial patenting practices.
The global search for a genetic basis for breast and ovarian cancer began in earnest in 1988. In 1990, at an American Society of Human Genetics Meeting, a team of scientists led by Mary-Claire King, Ph.D., from University of California at Berkeley announced the localization through linkage analysis of a gene associated with increased risk for breast cancer (BRCA1) to the long arm of chromosome 17. In August 1994, Mark Skolnick and researchers at Myriad, along with colleagues at the University of Utah, the U.S National Institutes of Health (NIH), and McGill University sequenced BRCA1.
The founders of Myriad are Mark Skolnick (Adjunct Professor in the Department of Medical Informatics at the University of Utah), Walter Gilbert (1980 Nobel Laureate in chemistry and Professor in the Department of Molecular and Cellular Biology at Harvard University) and Peter Meldrum (past President and CEO of Agridyne and current CEO and President of Myriad Genetics, Inc) and Kevin Kimberlin of Spencer Trask & Company
Myriad Genetic Laboratories, Inc., a wholly owned subsidiary of Myriad Genetics, Inc., has launched eight commer

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Myriad Genetics Latest News

Myriad Genetics, Inc. (NASDAQ:MYGN) Closed 9.7% Above Its 50 Day Average

Shares last traded at $27.86 which is impressively higher than $25.39, the 50 day moving average and which is well above the 200 day moving average of $21.26. The 50 day moving average went up by +9.73% and the 200 day average was up $6.60. Myriad Genetics ...
Posted: August 18, 2017, 3:24 am

Myriad Genetics' EndoPredict Gets Positive Coverage Decision

Molecular diagnostics and personalized medicine major Myriad Genetics, Inc.MYGN achieved another milestone as its EndoPredict test got positive coverage decision from Palmetto GBA, a Medicare Administrative Contractor that assesses molecular diagnostic ...
Posted: August 18, 2017, 7:14 am

Myriad Genetics, Inc. (MYGN) Issues Quarterly Earnings Results

If the $30.09 price target is reached, the company will be worth $98.00M more. The company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.04, reports. (NASDAQ:MYGN).
Posted: August 19, 2017, 4:06 am

Myriad Genetics (MYGN) EndoPredict Secures Positive Coverage Decisions from Medicare & Anthem (ANTM)

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. Myriad Genetics, Inc. (NASDAQ: MYGN), the Medicare contractor who oversees the MolDx program and Anthem, Inc. (NYSE: ATNM) one of the ...
Posted: August 17, 2017, 1:35 pm

Myriad Genetics, Inc. (NASDAQ:MYGN) Stake Maintained by Albert D Mason Inc.

Albert D Mason Inc. continued to hold its position in shares of Myriad Genetics, Inc. (NASDAQ:MYGN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,382 shares of the ...
Posted: August 7, 2017, 1:06 pm
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