SALT LAKE CITY, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, and Onsite Womenโs Health, a leading national provider of breast health services, today announced the launch of a new breast cancer risk assessment program to help more women understand their breast cancer risk.
The collaboration combines the strengths of Myriadโs hereditary breast cancer/risk assessment resources, MyRiskยฎย with RiskScoreยฎ, and Onsiteโs deep expertise in breast health services, including mammography and breast ultrasound. The program is expected to deliver personalized insights to better inform clinical care for the more than 400,000 patients Onsite serves nationwide.
The new collaboration will help identify and screen younger patients who are at an increased risk for breast cancer. The American College of Radiology and the Society of Breast Imaging recommend that all women be evaluated for breast cancer risk no later than age 30 to help identify those at higher risk who would benefit from early screening. Currentย guidelinesย also state that women at high risk of breast cancer (calculated >20% lifetime) and/or genetically-based increased risk should begin annual screening breast MRI at age 25โ30, and annual screening mammography at age 30.ย
โToday, there are nearly one in four unaffected women who meet hereditary cancer testing criteria1. Our collaboration with Onsite makes it easy to access genetic testing and breast cancer risk assessment at the point of care for the roughly 25% of women who are eligible for testing,โ said Paul Diaz, president and CEO, Myriad Genetics. โThis program can help identify more high-risk patients and guide personalized medical management plans for breast cancer risk reduction and early detection strategies.โ
โIn partnership with forward-thinking providers across the country, Onsite Womenโs Health offers comprehensive mammography services with clinical expertise, innovative technology and proprietary protocols that delivers personalized, convenient breast care for the patient,โ said Brian Marger, CEO at Onsite Womenโs Health. โAs a forerunner in genetic testing and precision medicine, Myriad has proven to be a strong partner as we enhance our capabilities to more deeply understand each womanโs individualized breast cancer risk and detect cancer earlier while it is the most treatable.โ
The program will be offered to one third of Onsiteโs OBGYN and primary care physician partnerships in the coming months, with further expansion expected in 2024.
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.ย ย
About Onsite Womenโs Health
In partnership with forward-thinking providers across the country, Onsite Womenโs Health offers comprehensive breast imaging services โ including 3D screening mammography, automated screening breast ultrasound, diagnostic mammography/breast ultrasound and lifetime breast cancer risk assessment. Onsite is committed to saving more womenโs lives through earlier cancer detection and is materially impacting breast cancer screening compliance and detection rates through offering convenient access to mammography, contracting with breast-focused radiologists and utilizing the most innovative equipment and AI-powered technology available on the market. By offering the ability to risk assess patients using tools powered by AI, Onsite supports the providersโ ability to offer personalized and precise care plans to patients based on individual risk profiles. Onsite services increase patient satisfaction, improve breast health services and offer an additional revenue opportunity for practice partners. Since its founding in 2008, Onsite has performed more than two million exams across 26 states.
1 DeFrancesco, et al. Obstetrics & Gynecology, Nov 2018ย
Safe Harbor Statementย ย
This press release contains โforward-looking statementsโ within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the benefits of the new breast cancer risk assessment program, including that it will increase access to genetic testing and help identify and screen younger patients who are at an increased risk for breast cancer, and that the program will be offered to one third of Onsiteโs OBGYN and PCP partnerships in the coming months, with further expansion expected in 2024. These โforward-looking statementsโ are managementโs 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 companyโs filings with the U.S. Securities and Exchange Commission, including the companyโs Annual Report on Form 10-K filed on March 1, 2023, as well as any updates to those risk factors filed from time to time in the companyโs 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.
| Media Contact: | ย | Investor Contact: |
| Glenn Farrell | ย | Matt Scalo |
| (385) 318-3718 | ย | (801) 584-3532 |
| PR@myriad.com | ย | IR@myriad.com |

