Myriad Genetics Discontinues Analysis on GeneSight Testing Due to Control Group Disparities-October 2024-www.financetom.com

Myriad Genetics Discontinues Analysis on GeneSight Testing Due to Control Group Disparities

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Myriad Genetics Discontinues Analysis on GeneSight Testing Due to Control Group Disparities

Sep 6, 2024 12:29 PM

01:03 PM EDT, 09/04/2024 (MT Newswires) -- Myriad Genetics ( MYGN ) said Wednesday that it is discontinuing the analysis of hospital resource utilization and costs of patients getting GeneSight testing compared with a control group due to significant disparities between the groups.

The non-GeneSight control group was not viable for the study because of differences in baseline hospital resource utilization and costs, according to the company.

Shares of the company were down 8.6% in recent trading.

Price: 25.09, Change: -2.37, Percent Change: -8.63

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