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Myriad Genetics Launches New Universal Plus Panel for Foresight Carrier Screen

Key Takeaway: Myriad Genetics has announced the launch of a new Universal Plus Panel for its Foresight Carrier Screen, which screens for 39 inherited conditions and up to 272 associated genes. This addition aims to advance equitable prenatal care and is aligned with recommendations from the American College of Medical Genetics. The panel utilizes next-generation sequencing to identify pathogenic variants across diverse ancestry, enhancing the decision-making process for family planning. The updated screening also includes resources for genetic counseling to help families navigate their results.

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POSITIVE FACTORS

  • Introduction of a new Universal Plus Panel enhancing prenatal care options.
  • Panel screens for 39 conditions and up to 272 genes, improving genetic insights.
  • Myriad's commitment to innovation and accessibility in carrier screening.

Full Press Release Details

SALT LAKE CITY, June 04, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced the addition of a new Universal Plus Panel to its Foresight® Carrier Screen. The panel includes 39 conditions and screens up to 272 genes associated with serious inherited conditions.
The conditions added to the Universal Plus panel were named in the American College of Medical Genetics and Genomics (ACMG) practice resource for carrier screening. The ACMG calls for expanded carrier screening to be routinely offered to individuals who are pregnant or considering becoming pregnant, while also advising on specific conditions to be tested.
“Building on our efforts to advance equitable and accessible prenatal care, our latest panel update reflects Myriad’s commitment to continually growing and innovating to provide genetic insights that can help guide family planning decisions for every parent,” said Dale Muzzey, chief scientific officer, Myriad Genetics. “The genes incorporated into the Universal Plus panel were selected based on guideline recommendations, associated condition severity, condition prevalence, clinical actionability of results, and detection sensitivity.”
Myriad’s expanded carrier screen applies next-generation sequencing (NGS) and other technologies to find pathogenic variants underlying heritable genetic diseases, regardless of ancestry. The Foresight carrier screen offers a detailed report that includes test results and testing methodology, while also providing free and on-demand access to genetic counseling resources to help families and providers understand the report and be informed when considering next steps.
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 addition of a new Universal Plus Panel to the Foresight Carrier Screen. 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.

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Frequently Asked Questions

What is the Universal Plus Panel by Myriad Genetics?

The Universal Plus Panel is part of Myriad's Foresight® Carrier Screen and tests for 39 conditions across 272 genes linked to serious inherited disorders.

Who recommends the Universal Plus Panel screening?

The American College of Medical Genetics and Genomics (ACMG) advises for expanded carrier screening for pregnant individuals or those planning to conceive.

How does Myriad Genetics enhance prenatal care?

Myriad Genetics aims to improve prenatal care by providing innovative genetic insights that assist families in making informed family planning decisions.

What technology does the Foresight screen utilize?

The Foresight carrier screen employs next-generation sequencing (NGS) and other advanced technologies to identify pathogenic genetic variants.

Does Myriad offer genetic counseling resources?

Yes, Myriad provides free, on-demand access to genetic counseling resources to help families understand their test reports.

Last updated: Jun 4, 2024