Investments
3Portfolio Exits
3Partners & Customers
10Service Providers
1About Myriad Genetics
Myriad Genetics is a molecular diagnostic company dedicated to making a difference in patient's lives through the discovery and commercialization of transformative tests to assess a person's risk of developing disease, guide treatment decisions and assess risk of disease progression and recurrence. Myriad offers an array of genetic tests, prognostic tests and personalized medicine tests to help healthcare providers assess a patient's increased cancer risk, disease aggressiveness and optimize efficacy of chemotherapy. Myriad's testing products can provide healthcare providers with information to help make medical management decisions to reduce cancer risk and help make sure specific treatments are tailored for each individual patient. It was founded in 1991 and is based in Salt Lake City, Utah.
Myriad Genetics Headquarters Location
320 Wakara Way
Salt Lake City, Utah, 84108,
United States
801-584-3600
Expert Collections containing Myriad Genetics
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Myriad Genetics in 2 Expert Collections, including Medical Devices.
Medical Devices
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Companies that received PMA from the FDA since 2014. Companies tagged as #FDAPMA
Health Monitoring & Diagnostics
76 items
Companies developing companion diagnostics and technology enabling the development of companion diagnostics. Tagged as #CompanionDx
Research containing Myriad Genetics
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Myriad Genetics in 2 CB Insights research briefs, most recently on Nov 11, 2020.
Nov 11, 2020
Genomics Business Model Spotlight: HelixLatest Myriad Genetics News
Aug 16, 2022
A Latest expansions represent Myriad’s commitment to growing international lab partner program SALT LAKE CITY, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. , (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced two partnerships with the Institut für Hämopathologie Hamburg (HPH) in Hamburg, Germany and the Centre Georges-Francois LeClerc (CGFL) in Dijon, France to expand access to MyChoice® CDx Plus testing. HPH and CGFL join Myriad’s network of partner laboratories to help support equitable patient access to genetic testing in key European markets. Anzeige Basiswert MyChoice CDx Plus is a CE-IVD-marked companion diagnostic test that determines Homologous Recombination Deficiency (HRD) status in women with ovarian cancer. Determining HRD status can help healthcare providers better identify patients who are eligible for PARP inhibitor therapy. In Hamburg, Myriad will license and provide MyChoice CDx Plus technology to HPH, which will perform testing in its lab, producing a report based on Myriad’s proprietary Genomic Instability Score (GIS) and homologous recombination repair genes, including BRCA1 and BRCA2. In France, Myriad will license its MyChoice CDx Plus technology to CGFL to perform the test in its lab for the generation of Myriad’s proprietary GIS alongside their tumor BRCA test offering. "Patients and their providers need a timely set of comprehensive, data-driven answers to help them manage disease at the very start,” said Nicole Lambert, Chief Operating Officer, Myriad Genetics. "Through our collaboration with progressive laboratories like HPH and CGFL, we’re able to bring MyChoice CDx Plus testing to global markets and provide critical genetic information that can help healthcare providers guide more personalized and targeted ovarian cancer treatment decisions for patients.” In 2021, Myriad established its first laboratory partnership with the Institute of Pathology at the Universitätsklinikum Marburg in Germany. Myriad plans to continue growing its laboratory partnership program into more countries, and is currently validating a fourth lab in Copenhagen, Denmark. About Myriad Genetics Myriad Genetics is a leading genetic testing and precision medicine company dedicated to advancing health and well-being for all. Myriad develops and offers genetic tests that help assess the risk of developing disease or disease progression and guide treatment decisions across medical specialties where genetic insights can significantly improve patient care and lower healthcare costs. Fast Company named Myriad among the World’s Most Innovative Companies for 2022. For more information, visit www.myriad.com . Myriad, the Myriad logo, BRACAnalysis, BRACAnalysis CDx, Colaris, Colaris AP, MyRisk, Myriad MyRisk, MyRisk Hereditary Cancer, MyChoice CDx, Prequel, Prequel with Amplify, Amplify, Foresight, Precise, FirstGene, Health.Illuminated., RiskScore, Prolaris, GeneSight, and EndoPredict are trademarks or registered trademarks of Myriad Genetics, Inc. © 2022 Myriad Genetics, Inc. All rights reserved. Safe Harbor Statement This press release contains "forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the company’s partnership with HPH and CGFL to expand access to MyChoice CDx Plus testing, and the company’s plans to continue growing its laboratory partnership program into more countries, These "forward-looking statements” are management’s expectations of future events as of the date hereof and are subject to a number of known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially and adversely from those anticipated. Such risks and uncertainties are described in the company’s filings with the U.S. Securities and Exchange Commission, including the company’s Annual Report on Form 10-K filed on February 25, 2022, as well as any updates to those risk factors filed from time to time in the company’s Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Myriad disclaims any obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise except as required by law. Media Contact:
Myriad Genetics Investments
3 Investments
Myriad Genetics has made 3 investments. Their latest investment was in RainDance Technologies as part of their Series E - II on March 3, 2014.
Myriad Genetics Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/3/2014 | Series E - II | RainDance Technologies | $16.5M | No | 10 | |
4/29/2013 | Series E | |||||
9/9/2011 | Debt |
Date | 3/3/2014 | 4/29/2013 | 9/9/2011 |
---|---|---|---|
Round | Series E - II | Series E | Debt |
Company | RainDance Technologies | ||
Amount | $16.5M | ||
New? | No | ||
Co-Investors | |||
Sources | 10 |
Myriad Genetics Portfolio Exits
3 Portfolio Exits
Myriad Genetics has 3 portfolio exits. Their latest portfolio exit was Myriad Genetics - Autoimmune Unit on May 03, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/3/2021 | Divestiture | Myriad Genetics - Autoimmune Unit | 6 | ||
Date | 5/3/2021 | ||
---|---|---|---|
Exit | Divestiture | ||
Companies | Myriad Genetics - Autoimmune Unit | ||
Valuation | |||
Acquirer | |||
Sources | 6 |
Myriad Genetics Acquisitions
5 Acquisitions
Myriad Genetics acquired 5 companies. Their latest acquisition was Counsyl on May 29, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/29/2018 | Series E+ | $168.2M | Acquired | 3 | ||
8/4/2016 | Series D | |||||
5/31/2016 | Grant | |||||
2/5/2014 | Series D | |||||
6/17/2011 | Series A |
Date | 5/29/2018 | 8/4/2016 | 5/31/2016 | 2/5/2014 | 6/17/2011 |
---|---|---|---|---|---|
Investment Stage | Series E+ | Series D | Grant | Series D | Series A |
Companies | |||||
Valuation | |||||
Total Funding | $168.2M | ||||
Note | Acquired | ||||
Sources | 3 |
Myriad Genetics Partners & Customers
10 Partners and customers
Myriad Genetics has 10 strategic partners and customers. Myriad Genetics recently partnered with EPIC Systems on June 6, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/24/2022 | Partner | United States | 1 | ||
5/3/2022 | Partner | United States | SALT LAKE CITY , May 03 , 2022 -- Myriad Genetics , Inc. , , a leader in genetic testing and precision medicine , today announced the expansion of its strategic partnership with Intermountain , a service of Intermountain Healthcare , to add a new liquid biopsy therapy selection test to its growing oncology portfolio . | 2 | |
6/16/2021 | Vendor | United States | `` We are pleased to enhance our partnership with PierianDx to provide comprehensive genomic test results to Myriad Genetics 's cancer testing service , thereby helping to improve outcomes for patients , '' says Lincoln Nadauld , Vice President and Chief of Precision Medicine and Genomics at Intermountain Healthcare . | 2 | |
1/13/2021 | Partner | ||||
11/16/2020 | Licensee |
Date | 6/24/2022 | 5/3/2022 | 6/16/2021 | 1/13/2021 | 11/16/2020 |
---|---|---|---|---|---|
Type | Partner | Partner | Vendor | Partner | Licensee |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | SALT LAKE CITY , May 03 , 2022 -- Myriad Genetics , Inc. , , a leader in genetic testing and precision medicine , today announced the expansion of its strategic partnership with Intermountain , a service of Intermountain Healthcare , to add a new liquid biopsy therapy selection test to its growing oncology portfolio . | `` We are pleased to enhance our partnership with PierianDx to provide comprehensive genomic test results to Myriad Genetics 's cancer testing service , thereby helping to improve outcomes for patients , '' says Lincoln Nadauld , Vice President and Chief of Precision Medicine and Genomics at Intermountain Healthcare . | |||
Sources | 1 | 2 | 2 |
Myriad Genetics Service Providers
1 Service Provider
Myriad Genetics has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acquired | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Acquired |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Myriad Genetics Team
21 Team Members
Myriad Genetics has 21 team members, including current Chief Executive Officer, President, Paul J. Diaz.
Name | Work History | Title | Status |
---|---|---|---|
Dennis B. Farrar | Founder | Current | |
Kevin B Kimberlin | Founder | Current | |
Paul J. Diaz | Cressey & Company, Kindred Healthcare, and Mariner Health Care | Chief Executive Officer, President | Current |
Bryan Riggsbee | Chief Financial Officer | Current | |
Nicole Lambert | Chief Operating Officer | Current |
Name | Dennis B. Farrar | Kevin B Kimberlin | Paul J. Diaz | Bryan Riggsbee | Nicole Lambert |
---|---|---|---|---|---|
Work History | Cressey & Company, Kindred Healthcare, and Mariner Health Care | ||||
Title | Founder | Founder | Chief Executive Officer, President | Chief Financial Officer | Chief Operating Officer |
Status | Current | Current | Current | Current | Current |
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