Business
Myriad Genetics Issues Inaugural Environmental, Social and Governance Report
2021 report demonstrates focus on ESG initiatives supporting health equity, social justice, and sustainability SALT LAKE CITY, June 28, 2022 (GLOBE NEWSWIRE)
About this update from Myriad Genetics, Inc.
[{"type":"text","content":"2021 report demonstrates focus on ESG initiatives supporting health equity, social justice, and sustainability SALT LAKE CITY, June 28, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today released its first environmental, social and governance (ESG) report, highlighting increased efforts to support a healthy, equitable and sustainable society. The report outlines actions taken to expand access to genetic testing, advance social justice, and increase environmental sustainability. “For more than 31 years, Myriad Genetics has worked to be a force for good in the world as we fulfill our mission to advance health and well-being for all. In our inaugural ESG report, we seek to convey our core values as a caring, ethical, and sustainable company committed to continuous improvement,” said Paul J. Diaz, president and CEO, Myriad Genetics. “I want to thank our 2,400 teammates for the progress we have made to date, recognizing we have more work to be done. We are committed to intensifying our ESG focus helping to address the needs of the patients, healthcare providers, stakeholders, and communities we serve.” Key highlights from the report include: Increasing affordable access to genetic testing. In 2021, Myriad Genetics provided more than $49 million in financial assistance to 86,000+ uninsured and underinsured patients, offering financial assistance, free testing, and payment options to those in need.Supporting underserved patient populations. In 2021, Myriad launched the newest version of its market-leading MyRisk™ Hereditary Cancer Test with RiskScore® which, for the first time offers women of all ancestries a personalized polygenic breast cancer risk assessment. In 2022, as part of its new suite of Precise™ Oncology Solutions, Myriad launched the Precise Treatment Registry, a secure cloud-based database designed to advance equitable care and accelerate collaborative cancer research by enabling any physician to analyze diverse, de-identified patient data involving ancestry, geography, diagnosis and treatment outcomes. Additionally, Myriad’s Prequel® Prenatal Screen with AMPLIFY technology allows women with high body mass index (BMI) to gain access to this non-invasive prenatal screening protocol which uses cell-free DNA to determine if a pregnancy is at an increased ...