Myriad Genetics to Share New Data Highlighting Genetic Testing Advancements at 2024 National Society of Genetic Counselors Annual Conference

Rhea-AI Summary

Myriad Genetics (NASDAQ: MYGN) will present 10 studies at the National Society of Genetic Counselors 43rd Annual Conference from Sept. 17-21, 2024, in New Orleans. The research focuses on advancements in oncology and reproductive genetic testing, showcasing the company's MyRisk, FirstGene, Prequel, and Foresight tests.

Key highlights include:

• Studies on breast cancer diagnosis age for specific gene variants
• Outcomes of pregnancies screening positive for rare autosomal aneuploidies and microdeletions
• Validation of the FirstGene screen for various genetic conditions
• Comparison of carrier rates from different data sources
• Investigation of cancer diagnosis codes after atypical prenatal cell-free DNA screening findings

Myriad will also host a lunch symposium on integrating breast cancer risk assessment programs into various clinical settings.

Positive

• Presentation of 10 studies showcasing advancements in genetic testing at a major industry conference
• Validation of FirstGene screen for accurate identification of various genetic conditions
• Potential for improved patient care and outcomes through genetic testing advancements

Negative

• None.

MyRisk®, FirstGene®, Prequel®, and Foresight® studies among 10 datasets to be shared by Myriad

SALT LAKE CITY, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced it will showcase 10 studies highlighting its advancements in oncology and reproductive genetic testing at the National Society of Genetic Counselors (NSGC) 43^rd Annual Conference, which will take place from Sept. 17-21, 2024, in New Orleans, LA. The research will highlight the value of genetic and genomic testing in patient care and will cover the company’s MyRisk Hereditary Cancer Test, FirstGene Multiple Prenatal Screen, Prequel Prenatal Screen and Foresight Carrier Screen.

“At Myriad, we’re committed to partnering with genetic counselors in an effort to make genetic testing more accessible, affordable and easier to use for all patient populations,” said Susan Manley, Senior Vice President of Medical Services, Myriad Genetics. “We’re excited to share our new research with the genetic counselor community at this year’s NSGC Conference and to showcase how our latest advancements may help better inform personalized care and improve outcomes for patients.”

Myriad’s latest innovations and support services will be on display at booth #119 and through a series of poster presentations at the conference.

Myriad’s Presentation Schedule

Wednesday, Sept. 18, 2024, from 12:15-2:00pm and 5:45-7:00pm CDT

Poster CAN91: Age at Diagnosis of Breast Cancer for Women with Pathogenic Variants in BARD1, RAD51C, and RAD51D
Summary: This study shows that the median age of breast cancer diagnosis with pathogenic variants (PVs) in BARD1, RAD51C, and RAD51D is similar to that of other breast cancer genes. Additionally, it shows that a significant number of PV carriers are diagnosed prior to the recommended screening age of 40 years.

Poster PRE323: Outcomes in pregnancies that screened positive for rare autosomal aneuploidies (RAAs)
Summary: By linking prenatal cell-free DNA results to insurance claims data, this study provides evidence that RAA-screen positive patients have higher rates of miscarriage and preterm birth as compared to RAA-screen negative patients.

Poster PRE333: Complications and outcomes of pregnancies screening positive for microdeletions 22q11.2, 15q11.2, 1p36, 4p, or 5p
Summary: This study shows that microdeletion screen-positive pregnancies may experience higher rates of ultrasound abnormalities and pregnancy complications.

Poster PRE347: Validation of fetal and maternal recessive disease genotyping with FirstGene: a combined, non-invasive prenatal cfDNA assay for fetal aneuploidy, recessive diseases, and serological screening
Summary: This study indicates that the FirstGene screen accurately identifies fetal SNV and INDELs for recessive conditions.

Poster PRE349: Validation of fetal and maternal spinal muscular atrophy (SMA) and hemoglobin (Hb) Bart’s screening with FirstGene, a combined, non-invasive prenatal cfDNA assay for fetal aneuploidy, recessive diseases, and serological screening
Summary: This study indicates that the FirstGene screen accurately identifies maternal and fetal SMA and Hb Bart’s disease status.

Poster PRE351: Validation of fetal RHD copy number calling in FirstGene, a combined, non-invasive prenatal cfDNA assay for fetal aneuploidy, recessive diseases, and serological screening
Summary: This study indicates that the FirstGene assay accurately determines fetal RHD copy number in RhD-negative pregnant patients.

Thursday, Sept. 19, 2024, from 12:00-3:00pm and 4:30-6:30pm CDT

Poster PRE324: A comparison of carrier rates derived from different data sources
Summary: This study shows high concordance in carrier rates between Myriad’s database and gnomAD data.

Poster PRE344: Investigating cancer diagnosis codes after atypical findings on noninvasive prenatal cell-free DNA (pcfDNA) screening
Summary: This study indicates that patients with an autosomal monosomy or multiple aneuploidies on pcfDNA have a higher risk of a cancer diagnosis than those without.

Poster PRE348: Validation of fetal aneuploidy detection with FirstGene: a combined, non-invasive prenatal cfDNA assay for fetal aneuploidy, recessive diseases, and serological screening
Summary: This study indicates that fetal aneuploidy screening on the FirstGene assay is comparable to that of standalone WGS-based pcfDNA screening with fetal fraction amplification.

Lunch Symposium: At 12:45pm CDT, Myriad will host a lunch symposium titled ‘How genetic counselors can integrate breast cancer risk assessment programs into surgical, primary care, OB/GYN, and imaging clinics’, moderated by Myriad’s Susan Manley.

Myriad will also have a virtual presentation, Characteristics and Cancer Incidence in MITF p.E318K Carriers, available for viewing on the NSGC online experience platform. This study shows that MITF carriers have an increased risk of melanoma, but not renal cancer, as several other studies have suggested.

For more information about Myriad’s presence at NSGC, please visit: https://myriad.com/nsgc2024/. Updates will also be shared across Myriad’s LinkedIn and X channels throughout the conference.

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. For more information, visit www.myriad.com.

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 commitment to partnering with genetic counselors in an effort to make genetic testing more accessible, affordable and easier to use for all patient populations and how the company’s latest advancement may help better inform personalized care and improve outcomes for patients. These “forward-looking statements” are management’s expectations of future events as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially and adversely from those anticipated. Such factors include those risks 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 28, 2024, 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 is not under any obligation, and it expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.

Investor Contact
Matt Scalo
(801) 584-3532
IR@myriad.com

Media Contact
Glenn Farrell
(385) 318-3718
PR@myriad.com

FAQ

What new data is Myriad Genetics (MYGN) presenting at the 2024 NSGC Annual Conference?

Myriad Genetics is presenting 10 studies at the 2024 NSGC Annual Conference, focusing on advancements in oncology and reproductive genetic testing. The research covers their MyRisk Hereditary Cancer Test, FirstGene Multiple Prenatal Screen, Prequel Prenatal Screen, and Foresight Carrier Screen.

What are the key findings from Myriad Genetics' (MYGN) study on breast cancer diagnosis age?

The study shows that the median age of breast cancer diagnosis for women with pathogenic variants in BARD1, RAD51C, and RAD51D is similar to that of other breast cancer genes. It also reveals that a significant number of pathogenic variant carriers are diagnosed before the recommended screening age of 40 years.

What did Myriad Genetics' (MYGN) research reveal about pregnancies screening positive for rare autosomal aneuploidies (RAAs)?

Myriad's study found that pregnancies screening positive for rare autosomal aneuploidies (RAAs) have higher rates of miscarriage and preterm birth compared to RAA-screen negative patients, based on linking prenatal cell-free DNA results to insurance claims data.

How accurate is Myriad Genetics' (MYGN) FirstGene screen in identifying genetic conditions?

According to the studies presented, Myriad's FirstGene screen accurately identifies fetal SNV and INDELs for recessive conditions, maternal and fetal spinal muscular atrophy (SMA) and Hb Bart's disease status, and fetal RHD copy number in RhD-negative pregnant patients.