SALT LAKE CITY, Sept. 25, 2018 (GLOBE NEWSWIRE) — Countless Genetics, Inc. (MYGN), a accepted baton in abandoned medicine, today appear that after-effects from a battleground abstraction of alternative classifications afterward ancestral blight abiogenetic testing were appear in the Journal of the American Medical Association (JAMA).
“This is the aboriginal large, able-bodied abstraction to quantify the prevalence of alternative reclassification of ancestral blight testing in a ample bartering laboratory, accent Myriad’s charge to advancing the science of abiogenetic testing,” said Susan Manley, CGC, MBA, carnality admiral of Medical Casework at Myriad. “Importantly, this abstraction underscores the charge for clinicians to use a ytic class that provides adapted alternative reclassification advice to ensure adapted medical affliction of patients and their relatives.”
This was a attendant abstraction of individuals who had abiogenetic testing from 2006-2016 at Countless Genetics. Abiogenetic variants were classified as Benign, Likely Benign, Alternative of Ambiguous Significance, Likely Pathogenic, or Pathogenic. The primary cold of this abstraction was to admeasurement the abundance and types of alternative reclassification.
The after-effects showed that 1.45 actor individuals had abiogenetic testing in the 10-year time aeon and 59,955 adapted letters were issued due to alternative reclassification. Importantly, 25 percent of all appear variants of ambiguous acceptation were reclassified, with 91 percent downgraded to Benign/Likely Benign and 9 percent upgraded to Pathogenic/Likely Pathogenic.
“The implications of this abstraction are three-pronged. Physicians charge to be acquainted of how rapidly adeptness about gene variants is advancing and that reclassifications are common. Labs charge to assay gene alternative advice on a approved base and active physicians to changes. Finally, patients and their ancestors associates charge to be fabricated acquainted of reclassifications by their physicians so they can accomplish a choices,” said Theodora Ross, M.D., Ph.D., chief columnist of the abstraction and assistant of Internal Anesthetic at the University of Texas Southwestern Medical Center.
Myriad is different in acclamation these three goals through its proprietary myVision® alternative allocation program that employs assorted methods for alternative estimation to ensure that patients and their physicians accept the latest in authentic advances. In the aftermost year alone, Countless has issued added than 20,000 adapted assay letters with ambiguous alternative reclassifications.
“Myriad’s charge to accommodate the best authentic testing doesn’t stop back patients’ accept their antecedent assay result,” said Manley. “We action Countless patients and their families a charge that lasts a lifetime.”
About myVision® Alternative Allocation Countless Abiogenetic Laboratories is the industry baton in alternative allocation and reclassification. Over the accomplished 22 years, Countless has conducted millions of abiogenetic tests for ancestral cancer. The consistent assay and estimation of the alternative database abutment the Countless charge to abate VUS in abiogenetic testing. Click actuality to apprentice added about our myVision program.
About Countless GeneticsMyriad Genetics Inc., is a arch abandoned anesthetic aggregation committed to actuality a trusted adviser transforming accommodating lives accepted with beat atomic diagnostics. Countless discovers and commercializes atomic ytic tests that: actuate the accident of developing disease, accurately yze disease, appraise the accident of ache progression, and adviser ysis decisions beyond six above medical specialties area atomic affection can decidedly advance accommodating affliction and lower healthcare costs. Countless is focused on bristles cardinal imperatives: body aloft a solid ancestral blight foundation, growing new artefact volume, accretion agreement advantage for new products, accretion RNA kit acquirement internationally and convalescent advantage with Elevate 2020. For added advice on how Countless is authoritative a difference, amuse appointment the Company’s website: www.myriad.com.
Myriad, the Countless logo, BART, BRACAnalysis, Colaris, Colaris AP, myPath, myRisk, Countless myRisk, myRisk Ancestral Cancer, myChoice, myPlan, BRACAnalysis CDx, Tumor BRACAnalysis CDx, myChoice HRD, EndoPredict, Vectra, GeneSight, riskScore Prolaris, ForeSight and Prelude are trademarks or registered trademarks of Countless Genetics, Inc. or its wholly endemic subsidiaries in the United States and adopted countries. MYGN-F, MYGN-G.
Safe Harbor StatementThis columnist absolution contains “forward-looking statements” aural the acceptation of the Clandestine Securities Litigation Reform Act of 1995, including statements accompanying to the advertisement and after-effects of the Alternative Reclassification Abstraction in the Journal of the American Medical Association; the charge for clinicians to use a ytic class that provides adapted alternative reclassification advice to ensure adapted medical affliction of patients and their relatives; the three-pronged implications of the study; the Company’s lifetime charge to accommodate the best authentic testing; and the Company’s cardinal directives beneath the explanation “About Countless Genetics.” These “forward-looking statements” are based on management’s accepted expectations of approaching contest and are accountable to a cardinal of risks and uncertainties that could account absolute after-effects to alter materially and abnormally from those set alternating in or adumbrated by advanced statements. These risks and uncertainties include, but are not bound to: the accident that sales and accumulation margins of our atomic ytic tests and biologic and ytic casework may decline; risks accompanying to our adeptness to alteration from our absolute artefact portfolio to our new tests, including abrupt costs and delays; risks accompanying to decisions or changes in authoritative or clandestine insurers’ agreement levels for our tests or our adeptness to access agreement for our new tests at commensurable levels to our absolute tests; risks accompanying to added antagonism and the development of new aggressive tests and services; the accident that we may be clumsy to advance or accomplish bartering success for added atomic ytic tests and biologic and ytic casework in a adapted manner, or at all; the accident that we may not auspiciously advance new markets for our atomic ytic tests and biologic and ytic services, including our adeptness to auspiciously accomplish acquirement alfresco the United States; the accident that licenses to the technology basal our atomic ytic tests and biologic and ytic casework and any approaching tests and casework are concluded or cannot be maintained on satisfactory terms; risks accompanying to delays or added problems with operating our class testing accessories and our healthcare clinic; risks accompanying to accessible affair over abiogenetic testing in accepted or our tests in particular; risks accompanying to authoritative requirements or administration in the United States and adopted countries and changes in the anatomy of the healthcare arrangement or healthcare acquittal systems; risks accompanying to our adeptness to access new accumulated collaborations or licenses and access new technologies or businesses on satisfactory terms, if at all; risks accompanying to our adeptness to auspiciously accommodate and access allowances from any technologies or businesses that we authorization or acquire; risks accompanying to our projections about our business, after-effects of operations and banking condition; risks accompanying to the abeyant bazaar befalling for our articles and services; the accident that we or our licensors may be clumsy to assure or that third parties will borrow the proprietary technologies basal our tests; the accident of patent-infringement claims or challenges to the authority of our patents or added bookish property; risks accompanying to changes in bookish acreage laws accoutrement our atomic ytic tests and biologic and ytic casework and patents or administration in the United States and adopted countries, such as the Supreme Court accommodation in the accusation brought adjoin us by the Association for Atomic Pathology et al; risks of new, alteration and aggressive technologies and regulations in the United States and internationally; the accident that we may be clumsy to accede with banking operating covenants beneath our acclaim or lending agreements; the accident that we will be clumsy to pay, back due, amounts due beneath our acclaim or lending agreements; and added factors discussed beneath the branch “Risk Factors” independent in Item 1A of our best contempo Annual Report on Form 10-K for the budgetary year concluded June 30, 2018, which has been filed with the Securities and Exchange Commission, as able-bodied as any updates to those accident factors filed from time to time in our Quarterly Letters on Form 10-Q or Accepted Letters on Form 8-K. All advice in this columnist absolution is as of the date of the release, and Countless undertakes no assignment to amend this advice unless adapted by law.
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