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Myriad Genetics

Myriad Genetics screens for hereditary cancer, prenatal conditions, and mental health medication response using genetic tests.

Myriad Genetics

Myriad Genetics was founded in 1991 and is headquartered in Salt Lake City, Utah. The company operates as a publicly traded diagnostics firm, not a family office, with a focus on genetic and tumor genomic testing. The company groups its tests into five health areas: hereditary cancer risk, reproductive health, oncology, urology, and mental health. In oncology, it offers germline and tumor genomic testing to identify actionable variants and biomarkers associated with FDA-approved therapies. Its urology test assesses prostate cancer aggressiveness, and its mental health offering uses pharmacogenomics to predict patient response to antidepressants. Myriad covers the US healthcare market, with its data repository spanning all ancestries. Myriad employs approximately 2,200 people per public filings. The company has not disclosed a specific number of professionals, but operates as a commercial diagnostics business with revenue from test sales. It maintains a large repository of comparative genetic data covering all ancestries, which it uses to develop inclusive tests. The company has not reported any recent operational events material to its corporate structure in the last 24 months. What distinguishes Myriad Genetics is its long-established position in hereditary cancer testing and its shift toward comprehensive genomic profiling across multiple specialties. The company develops its own tests internally and partners with healthcare providers rather than operating as a passive capital vehicle.

General information

Firm type

other

Year founded

1991

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Salt Lake City

Corporate office

Salt Lake City, UT, United States

Sector focus

Healthcare ServicesDigital HealthDiagnostics

Frequently asked questions

Does Myriad Genetics operate as a family office?

No. Myriad Genetics is a publicly traded diagnostics company (NASDAQ: MYGN) focused on genetic testing. It is not structured as a family office or asset manager.

What types of genetic tests does Myriad Genetics offer?

Myriad offers tests across five health areas: hereditary cancer risk (e.g., identifying risk of 11 hereditary cancers), reproductive health (carrier screening, prenatal aneuploidy), oncology (tumor genomic profiling for FDA-approved therapies), urology (prostate cancer aggressiveness), and mental health (pharmacogenomics for antidepressant response).

Who uses Myriad Genetics' tests?

Myriad's tests are used by oncologists, urologists, reproductive health specialists, and primary care providers. The company markets directly to patients and clinicians, emphasizing actionable results that guide treatment decisions.

Is Myriad Genetics a single-family office?

No. Myriad Genetics is a public corporation, not a family office. It does not manage capital for a single wealthy family.

Does Myriad Genetics have investment activities?

Myriad Genetics operates as a testing company, not an investment manager. It does not deploy capital as a family office or venture firm.

How does Myriad Genetics differentiate from other genetic testing companies?

Myriad holds a large comparative data repository covering all ancestries and offers tests across multiple specialties. It emphasizes test development grounded in its own data, rather than relying solely on third-party databases.

What is Myriad Genetics' relationship with family offices or allocators?

Myriad Genetics does not have a disclosed relationship with family offices or institutional allocators. It is a public company whose stock may be held by such entities, but the firm itself does not operate as an allocator.

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