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Myriad Genetics - MYGN STOCK NEWS

Welcome to our dedicated page for Myriad Genetics news (Ticker: MYGN), a resource for investors and traders seeking the latest updates and insights on Myriad Genetics stock.

Myriad Genetics Inc. (MYGN) is a leader in molecular diagnostics and precision medicine, developing genetic tests that inform critical healthcare decisions across oncology, hereditary cancer risk assessment, and reproductive health. This news hub provides investors and healthcare professionals with timely updates on the company's scientific advancements, regulatory milestones, and strategic initiatives.

Access official press releases and third-party analysis covering MYGN's financial results, product innovations, and clinical collaborations. Our curated collection includes updates on diagnostic test approvals, partnership announcements with healthcare systems, and developments in personalized treatment solutions. All content is organized chronologically for efficient tracking of the company's progress in genetic testing technologies.

Key areas of focus include updates to Myriad's hereditary cancer screening panels, advancements in tumor profiling accuracy, and expansions in pharmacogenomic testing capabilities. The page also tracks regulatory submissions and peer-reviewed study publications validating the company's diagnostic approaches.

Bookmark this page for streamlined access to Myriad Genetics' latest developments in DNA-based health solutions. Check regularly for updates on how MYGN continues shaping precision medicine landscape through innovative diagnostic technologies and evidence-based clinical tools.

Rhea-AI Summary
Myriad Genetics, Inc. (NASDAQ: MYGN) announced the pricing of an upsized underwritten public offering of 6,470,588 shares of its common stock at a public offering price of $17.00 per share for expected gross proceeds of approximately $110 million. The Company also granted the underwriters a 30-day option to purchase up to an additional 970,588 shares of its common stock at the public offering price. The offering is expected to close on November 13, 2023. The net proceeds will be used to repay outstanding loans, settle a class action, and for general corporate purposes.
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Myriad Genetics, Inc. (NASDAQ: MYGN) announced a public offering of $100.0 million of common stock, with an option for underwriters to purchase an additional $15.0 million. The proceeds will be used to repay outstanding loans, settle a class action lawsuit, and for general corporate purposes.
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Myriad Genetics, a leader in genetic testing and precision medicine, reported strong financial results for the third quarter of 2023. Testing volumes grew across various categories, including hereditary cancer, prenatal, and pharmacogenomics. Revenue increased by 23% year-over-year, reaching $191.9 million. The company also raised its 2023 revenue guidance to between $747 million and $753 million, representing 10% - 11% growth over 2022. Additionally, Myriad Genetics introduced its 2024 revenue guidance of between $815 million and $835 million, showing continued growth in the coming year.
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Myriad Genetics, Inc. has appointed Sam Raha as Chief Operating Officer (COO), effective December 11, 2023. Raha brings over 25 years of experience in general management, commercial, and operations in the life sciences and molecular diagnostics field. As COO, he will oversee lab operations, customer service, and product development. Raha's appointment is expected to contribute to Myriad's long-term growth strategy and operational excellence.
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Myriad Genetics, Inc. will hold its third quarter earnings conference call on November 6, 2023 at 4:30 p.m. EDT. The company's quarterly earnings will be released the same day after the market closes. During the call, Myriad management will provide a financial overview and business update of the company's performance for the third quarter 2023.
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QIAGEN and Myriad Genetics have announced a new master collaboration agreement to develop companion diagnostic tests in the field of cancer. The partnership aims to deliver innovative services and products to pharmaceutical companies, enabling the development and commercialization of proprietary cancer tests for the U.S. clinical market, and providing distributable companion diagnostic test kits for the global market.
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A survey by Myriad Genetics reveals that breast density and family health history are misunderstood breast cancer risk factors. 48% of women surveyed do not know what breast density is and 50% are unsure if it is related to breast cancer risk. Women with dense breast tissue are up to four times more likely to develop breast cancer. The FDA has updated mammography regulations requiring facilities to notify patients about breast density by September 2024.
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Myriad Genetics announces survey results revealing breast density and family health history as misunderstood breast cancer risk factors. Women with dense breasts are up to four times more likely to develop breast cancer. FDA requires mammography facilities to notify patients about breast density. Genetic testing can provide personalized cancer risk assessment. Lisa Wade's experience highlights the importance of genetic testing in detecting hidden cancer.
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Myriad Genetics announces key milestones in partnership with Illumina to advance gene-based therapies
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Myriad Genetics releases its second annual ESG report, highlighting efforts in genetic testing and sustainability.
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Myriad Genetics

Nasdaq:MYGN

MYGN Rankings

MYGN Stock Data

704.19M
89.94M
2.17%
104.02%
5.37%
Diagnostics & Research
In Vitro & in Vivo Diagnostic Substances
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United States
SALT LAKE CITY