Myriad Genetics logo — Leading molecular diagnostic testing & precision medicine co...

Myriad Genetics

Leading molecular diagnostic testing & precision medicine company dedicated to advancing health and well-being for all.

Founded 1991 United States Salt Lake City, United States 2902 employees IPO Total: $315.00M Biotechnology

General Information

Company Name Myriad Genetics
Founded Year 1991
Location United States Salt Lake City, United States
Employees 2902
Industries Biotechnology
Funding Stage IPO
Business Model B2B, B2C, B2D
Revenue Model Service Fee, Product Sales, Usage Based
Social

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About Myriad Genetics

Myriad Genetics, founded in 1991 and headquartered in the United States, is a prominent player in the field of molecular diagnostic testing and precision medicine. The company is committed to advancing health and well-being through its innovative tests, which assess disease risk and guide treatment decisions, thereby improving patient care and reducing healthcare costs.

This commitment aligns with Myriad Genetics's slogan: "Leading molecular diagnostic testing & precision medicine company dedicated to advancing health and well-being for all." The company has shown a steady trajectory of growth and innovation in a rapidly evolving medical landscape.

Recently, Myriad Genetics secured a $125.00M Post IPO Debt investment on 01 July 2025, with investment from OrbiMed. This infusion of capital is poised to further bolster the company's capacity to innovate and expand its molecular diagnostic offerings across various medical specialties. For potential investors, Myriad Genetics presents a compelling opportunity at the intersection of healthcare advancement and cost-effectiveness.

Business keywords: Molecular Diagnostics, Precision Medicine, Personalized Medicine, Prognostic Medicine, Companion Diagnostics, Carrier Screening, Pharmacogenomics, Genetic Testing, Hereditary Cancer, Prostate Cancer, Breast Cancer, Prenatal Screening, Ovarian Cancer, Pancreatic Cancer, Gender Testing

Services & Products

Genetic Testing and Screening
Cancer Risk Assessment
Pharmacogenomic Testing
Prenatal Genetic Solutions
Treatment Strategy Optimization

Target Customers

Patients Healthcare Providers Clinicians Expectant Parents Cancer Patients

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt $125.00M 1
OrbiMed
01 Jul 2025
Post-IPO Equity $100.00M -
01 Nov 2023
Post-IPO Debt $90.00M 3
Wells Fargo & Company, Bank of America +1
01 Jul 2023
IPO Undisclosed -
01 Oct 1995
Spinout Undisclosed 1
University Ventures
01 Jan 1991

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FAQ About Myriad Genetics

Leading molecular diagnostic testing & precision medicine company dedicated to advancing health and well-being for all.
Myriad Genetics was founded in 1991.
Myriad Genetics is headquartered in Salt Lake City, United States.
Myriad Genetics operates in Biotechnology. Its work centres on Molecular Diagnostics, Precision Medicine, Personalized Medicine and Prognostic Medicine. Its customers include Patients, Healthcare Providers and Clinicians.
Myriad Genetics has a B2B, B2C and B2D business model. Its revenue comes from Service Fee, Product Sales and Usage Based.
Myriad Genetics has approximately 2902 employees.
Myriad Genetics has completed 5 funding rounds, raising a total of $315.00M. The latest funding stage is IPO.
Myriad Genetics offers: Genetic Testing and Screening, Cancer Risk Assessment, Pharmacogenomic Testing, Prenatal Genetic Solutions, Treatment Strategy Optimization.
Top alternatives and competitors to Myriad Genetics include Crescendo Bioscience, Genoks Genetik Hastalıklar Değerlendirme Merkezi, Exact Sciences, Invivoscribe, Lifetime Sciences. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Myriad Genetics and Crescendo Bioscience are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Myriad Genetics, https://bouncewatch.com/company/myriad-genetics, updated 9 June 2026. When citing, please name BounceWatch and link this page.

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