Myriad Genetics Presents Tumor Origin Technology at AACR
Determining Tumor Origin May Be Useful in Cancer Treatment Decisions
Salt Lake City, UT, April 18, 2007—Myriad Genetics, Inc.
(NASDAQ: MYGN)
(www.myriad.com) announced
today that it presented studies for a new technology that might be
used to determine the original location of a metastatic tumor, on
Monday, April 16, 2007 at the annual meeting of the American
Association for Cancer Research (AACR) in Los Angeles, California.
This work could also prove helpful in determining whether any two
tumors are related, and was carried out in collaboration with
researchers from Magee-Womens Hospital and the University of
Pittsburgh Medical Center.
Tumor origin can play an important role in choosing among treatment
options for cancer patients. A difficult problem in treating some
gynecological malignancies is determining the primary site of tumor
origin. This is particularly apparent when cancer simultaneously
involves both the ovary and endometrium. Myriad has developed a
technology based on DNA copy number analysis, which may be used to
accurately distinguish between the different possible originating or
primary tumors.
The preliminary data from Myriad's study came from patient specimens
with diagnoses of simultaneous ovarian and endometrial cancers. Three
separate specimens were collected and analyzed for DNA copy number
from each patient, one from the ovarian tumor, one from the
endometrial tumor and one from normal unaffected tissue.
In many cases, pathologists may be unable to distinguish between
related tumors and separate primary tumors due to the uncertain nature
of the pathology results. The copy number analysis either confirmed
conclusions from pathological examination, or provided new information
that could be used to give a more positive determination of tumor
source. Copy number analysis can show that both tumors share a change
that is not present in the unaffected specimen. If one of the tumors
has many more additional changes than the other, it may be considered
the secondary, or metastatic tumor. In our preliminary data set, copy
number conclusions were subsequently confirmed by re-sequencing the
PTEN tumor suppressor gene for mutations.
"We are excited about the potential of our copy number analysis
technology to differentiate cancers of different types," said Jerry
Lanchbury, Ph.D., Executive Vice President of Research for Myriad
Genetics, Inc. "We anticipate further development of the technology
for possible commercial introduction in the future."
Myriad Genetics, Inc. is a biopharmaceutical company focused on the
development of novel healthcare products. The Company develops and
markets predictive medicine products, and is developing and intends to
market therapeutic products. Myriad's news and other information are
available on the Company's Web site at
www.myriad.com.
This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include those related to the potential for
copy number analysis to be used to determine the original location of
a metastatic tumor or to prove helpful in determining whether any two
tumors are related; and the further development of the copy number
technology for possible commercial introduction in the future. These
risks and uncertainties include, but are not limited to, our
inability to further identify, develop and achieve commercial success
for new products and technologies; our ability to discover drugs that
are safer and more efficacious than our competitors; our ability to
develop molecular diagnostic products that help assess which patients
are subject to greater risk of developing diseases and who would
therefore benefit from new preventive therapies; the possibility of
delays in the research and development necessary to select drug
development candidates and delays in clinical trials; the risk that
clinical trials may not result in marketable products; the risk that
we may be unable to successfully finance and secure regulatory
approval of and market our drug candidates, or that clinical trials
will be completed on the timelines we have estimated; uncertainties
about our ability to obtain new corporate collaborations and acquire
new technologies on satisfactory terms, if at all; the development of
competing products and services; our ability to protect our
proprietary technologies; patent-infringement claims; risks of new,
changing and competitive technologies and regulations in the United
States and internationally; and other factors discussed under the
heading "Risk Factors" contained in Item 1A in our Annual Report on
Form 10-K for the year ended June 30, 2006, which has been filed with
the Securities and Exchange Commission, as well as any updates to
those risk factors filed from time to time in our Quarterly Reports
on Form 10-Q or Current Reports on Form 8-K. All information in this
press release is as of the date of the release, and Myriad undertakes
no duty to update this information unless required by law.
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