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, Pfizer sign CDx commercialization plan

Myriad Genetics and Pfizer have reached a commercialization plan on promoting the use of Myriad's BRACAnalysis CDx test for determining which patients are suitable for treatment with Pfizer's talazopa...
Posted: October 10, 2018, 11:45 am

Myriad Genetics (MYGN) Announces FDA Approval of BRACAnalysis CDx as Companion Diagnostic for Pfizer’s TALZENNA

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), a leader in molecular diagnostics and p...
Posted: October 16, 2018, 9:17 am

Myriad hails upgrade, Pfizer hookup

Myriad Genetics, Inc. (NASDAQ: MYGN) rose, after Piper Jaffray upgraded Myriad Genetics from neutral to overweight and raised the price target from $38 to $53. The Salt Lake City-based Myriad calls it...
Posted: October 10, 2018, 7:03 am
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