Myriad Genetics

United States Founded: 1991 • Age: 35 yrs
Molecular diagnostics and personalized medicine for cancer are developed.
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About Myriad Genetics

Myriad Genetics is a company based in United States founded in 1991.. The company has 2,700 employees as of December 31, 2024. Myriad Genetics has completed 8 acquisitions, including Assurex Health, Counsyl and Crescendo Bioscience.

  • Headquarter United States
  • Employees 2700 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Myriad Genetics, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $837.6 M
    11.21
    as on Dec 31, 2024
  • Net Profit
    $-127.3 M
    51.65
    as on Dec 31, 2024
  • EBITDA
    $-26 M
    63.59
    as on Dec 31, 2024
  • Latest Funding Round
    $249.39 K (USD), Post-IPO

    Feb 12, 2019

  • Investors
  • Employee Count
    2700

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Myriad Genetics

Myriad Genetics is a publicly listed company on the NASDAQ with ticker symbol MYGN in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: MYGN . Sector: Health technology · USA
People of Myriad Genetics
Headcount 1000-5000
Employee Profiles 552
Board Members and Advisors 8
Employee Profiles
People
John Castiblanco
Lead Clinical Genomics Scientist
People
Trish Carone
Account Executive, Oncology
People
Sandra Wade
HR Rep 1
People
Anu Srinivasan
Senior Research Manager

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Board Members and Advisors
people
Colleen F. Reitan
Director
people
Paul M. Bisaro
Director
people
S. Louise Phanstiel
Chair
people
Rashmi Kumar
Director

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Funding Insights of Myriad Genetics

  • Total Funding
  • Total Rounds 10
  • Last Round Post-IPO — $249,390
  • First Round

    (29 Jun 2000)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2019 Amount Post-IPO - Myriad Genetics Valuation

investors

Jan, 2011 Amount Grant - Myriad Genetics Valuation

investors

HHS
Mar, 2010 Amount Grant - Myriad Genetics Valuation

investors

HHS
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Myriad Genetics

Myriad Genetics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Myriad Genetics

Myriad Genetics has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Assurex Health, Counsyl and Crescendo Bioscience. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Fetal gender is identified via non-invasive genetic DNA testing.
2015
Molecular breast cancer assays are developed for personalized treatment guidance.
2010
DNA mapping for pre-pregnancy genetic testing, DNA and cancer screening
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Myriad Genetics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Myriad Genetics Comparisons

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Competitors of Myriad Genetics

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Myriad Genetics

When was Myriad Genetics founded?

Myriad Genetics was founded in 1991 and raised its 1st funding round 9 years after it was founded.

Where is Myriad Genetics located?

Myriad Genetics is headquartered in United States.

How many employees does Myriad Genetics have?

As of Dec 31, 2024, the latest employee count at Myriad Genetics is 2,700.

What is the annual revenue of Myriad Genetics?

Annual revenue of Myriad Genetics is $837.6M as on Dec 31, 2024.

What does Myriad Genetics do?

Molecular diagnostic tests for cancer risk assessment, disease diagnosis, progression evaluation, and treatment guidance are discovered and commercialized by Myriad Genetics, founded in 1991 in the United States. Operations span six major medical specialties, with products including Endopredict for breast cancer detection and Prolasis for prostate cancer. Diagnostic services for hereditary cancers and rheumatoid arthritis are also provided in the biotechnology sector.

Is Myriad Genetics publicly traded?

Yes, Myriad Genetics is publicly traded on NASDAQ under the ticker symbol MYGN.

How many acquisitions has Myriad Genetics made?

Myriad Genetics has made 8 acquisitions, including Assurex Health, Counsyl, and Crescendo Bioscience.

Who are Myriad Genetics's investors?

Myriad Genetics has 1 investor. Key investors include HHS.

What is Myriad Genetics's ticker symbol?

The ticker symbol of Myriad Genetics is MYGN on NASDAQ.

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