STOCK TITAN

Myriad Genetics Expands Availability of Precise MRD™ for Colorectal, Renal and Breast Cancers, Supported by New Publication

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Myriad Genetics (NASDAQ: MYGN) expanded availability of its Precise MRD™ assay to patients with breast, colorectal and renal cancers, potentially impacting more than 6 million people in the U.S. Precise MRD is a whole‑genome, tumor‑informed ctDNA test used from neoadjuvant therapy through long‑term surveillance.

New results from the prospective MONITOR‑Breast study in Future Oncology evaluated 154 stage I–III breast cancer patients with 949 plasma samples. Findings included 93% baseline ctDNA detection, 100% specificity for predicting pathological complete response and 44% more at‑risk patients identified with longitudinal testing compared with a single post‑therapy timepoint.

Loading...
Loading translation...

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Precise MRD availability expanded to breast, colorectal and renal cancers in the U.S.
  • Assay tracks up to 1,000 variants using whole‑genome, tumor‑informed sequencing
  • MONITOR‑Breast study included 154 patients and 949 longitudinal plasma samples
  • Baseline ctDNA detected in 93% of patients, including 20% below 100 PPM
  • Precise MRD predicted pathological complete response with 100% specificity
  • Longitudinal testing identified 44% more patients at risk for residual disease than a single post‑NAT test

Negative

  • None.

News Market Reaction – MYGN

+2.89%
29 alerts
+2.89% News Effect
+8.7% Peak in 6 hr 17 min
+$14M Valuation Impact
$494.44M Market Cap
0.9x Rel. Volume

On the day this news was published, MYGN gained 2.89%, reflecting a moderate positive market reaction. Argus tracked a peak move of +8.7% during that session. Our momentum scanner triggered 29 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $14M to the company's valuation, bringing the market cap to $494.44M at that time.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement expands Precise MRD to three major cancers, addressing over 6 million U.S. patient...
Analysis

This announcement expands Precise MRD to three major cancers, addressing over 6 million U.S. patients and backed by MONITOR-Breast data. Historically, MYGN has often traded higher on news, but an active $200,000,000 shelf and net insider selling remain watch points.

Key Figures

Addressable population: More than 6 million individuals Variants tracked: Up to 1,000 variants Study size: 154 patients +5 more
8 metrics
Addressable population More than 6 million individuals Patients living with breast, colorectal and renal cancers in the U.S.
Variants tracked Up to 1,000 variants Personalized panel per patient in Precise MRD assay
Study size 154 patients MONITOR-Breast prospective multi-center study
Samples analyzed 949 plasma samples Longitudinal ctDNA assessment in MONITOR-Breast
Baseline ctDNA detection 93% of patients Detection rate at baseline in MONITOR-Breast
Ultrasensitive low-level detection 20% below 100 PPM Patients with ctDNA detected at ultrasensitive levels
pCR prediction specificity 100% specificity Precise MRD prediction of pathological complete response
Post-NAT ctDNA risk 47 times more likely ctDNA-positive at end of NAT remaining positive after surgery

Historical Context

5 past events · Latest: Jun 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 02 Management change Positive +0.7% Appointment of new chief technology officer to drive technology strategy.
May 27 Clinical data update Positive +2.1% New Precise MRD data highlighted at the 2026 ASCO Annual Meeting.
May 26 Product launch Positive +2.1% Launch of Prolaris + AI prostate cancer test combining genomics and AI.
May 15 Awareness campaign Positive -1.1% Hereditary cancer testing awareness partnership with actress Jackie Tohn.
May 07 Investor conferences Positive +4.9% Participation in major healthcare investor conferences with management meetings.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

MYGN has generally traded higher on past news events, with only occasional negative reactions.

Key Terms

ctdna, neoadjuvant therapy, pathological complete response, circulating tumor dna, +1 more
5 terms
ctdna medical
"Its ultrasensitive design enables robust detection of circulating tumor DNA (ctDNA)..."
Circulating tumor DNA (ctDNA) is tiny fragments of genetic material shed by cancer cells into the bloodstream, like breadcrumbs that can reveal a tumor’s presence and genetic makeup without needing a biopsy. For investors, ctDNA matters because tests and technologies that detect and analyze these fragments can speed diagnosis, track treatment response, and signal relapse, creating commercial opportunities in diagnostics, personalized therapies, and monitoring services.
neoadjuvant therapy medical
"view of their patient’s disease status across the cancer care continuum, from neoadjuvant therapy through post-surgical assessment"
Neoadjuvant therapy is medicine given before the main treatment—usually drugs, radiation, or both—aimed at shrinking a tumor or improving surgical outcomes. For investors it signals a strategic step in a drug’s development and commercial path: successful neoadjuvant results can make a treatment easier to use, expand its approved indications, and increase market value much like priming soil before planting improves the eventual harvest.
pathological complete response medical
"Precise MRD predicted pathological complete response (pCR) with 100% specificity."
Pathological complete response is when tissue examined under a microscope after cancer treatment and surgery shows no remaining invasive tumor cells. Investors care because it is a strong signal that a therapy is working, often used as a key endpoint in clinical trials and a predictor of better long‑term outcomes; like finding an empty crime scene after a cleanup, it can boost confidence in a drug’s market potential and regulatory prospects.
circulating tumor dna medical
"Its ultrasensitive design enables robust detection of circulating tumor DNA (ctDNA) even in low-shedding tumors"
Fragments of DNA shed by cancer cells into the bloodstream that act like tiny fingerprints of a tumor; they can be detected with a blood test rather than a biopsy. Investors care because circulating tumor DNA (ctDNA) enables faster, lower-cost ways to detect disease, track treatment response, identify emerging resistance and enroll patients in trials—factors that can materially affect the commercial prospects of diagnostics and therapeutics.
whole-genome sequencing-based assay technical
"Precise MRD is a next-generation, ultrasensitive, whole-genome sequencing-based assay that generates a personalized panel"
A whole-genome sequencing-based assay is a laboratory test that reads the entire DNA code of a sample (for example, a patient or a tumor) to identify mutations, structural changes, and other genetic features. For investors, it matters because the test can enable more precise diagnoses, targeted treatments, and new drug development—similar to reading an entire instruction manual instead of a few pages, which can reveal opportunities and risks that partial tests might miss.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Publication of MONITOR-Breast study marks latest milestone for clinical validity of Precise MRD

SALT LAKE CITY, June 23, 2026 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in molecular diagnostic testing and precision medicine, today announces expanded availability of Precise MRD™, broadening availability to patients undergoing treatment and surveillance for breast, colorectal and renal cancers. More than 6 million individuals are living with these cancers in the U.S., representing a significant expansion in access to Myriad’s ultrasensitive Precise MRD test1.

Precise MRD is a next-generation, ultrasensitive, whole-genome sequencing-based assay that generates a personalized panel for each patient by tracking up to 1,000 variants. The test provides clinicians with a dynamic and quantitative molecular view of their patient’s disease status across the cancer care continuum, from neoadjuvant therapy through post-surgical assessment and long-term surveillance. Its ultrasensitive design enables robust detection of circulating tumor DNA (ctDNA) even in low-shedding tumors, delivering consistent performance across a range of disease settings2.

“Expanding Precise MRD into breast, colorectal and renal cancers marks a significant step forward in our broader precision oncology strategy,” said Brian Donnelly, Chief Commercial Officer, Myriad Genetics. “In a single, easy-to-read report, Precise MRD delivers ultrasensitive ctDNA detection and longitudinal insights, along with the clinical interpretation support clinicians need to help guide treatment and surveillance decisions. As we continue to expand across tumor types and build clinical evidence, we believe Precise MRD will play an increasingly central role in managing cancer care.”

MONITOR-Breast publication adds to growing evidence for Precise MRD
Myriad Genetics also announces the publication of results from the prospective, multi-center MONITOR-Breast study in Future Oncology, further supporting the clinical validity of Precise MRD in breast cancer. The study demonstrates that ultrasensitive ctDNA monitoring during neoadjuvant therapy provided real-time insight into treatment response and helped identify patients at increased risk for residual disease.

"MONITOR-Breast highlights the strength of a whole-genome, tumor-informed approach to MRD detection," said Dale Muzzey, Chief Scientific Officer, Myriad Genetics. "Precise MRD enables ultrasensitive ctDNA detection and longitudinal disease monitoring that captures dynamic treatment response. The ability to identify additional at-risk patients through frequent sampling, beyond a single timepoint assessment, demonstrates the importance of molecular monitoring in improving risk stratification and guiding clinical decision-making."

The study evaluated 154 patients with Stage I–III breast cancer across all molecular subtypes, analyzing 949 plasma samples collected longitudinally throughout treatment using Precise MRD to assess ctDNA status. Key findings include:

  • High baseline detection rates: ctDNA was detected in 93% of patients at baseline, including 20% at ultrasensitive levels below 100 parts per million (PPM).
  • Strong prediction of treatment response: Precise MRD predicted pathological complete response (pCR) with 100% specificity.
  • Post-treatment prognostic value: Patients who were ctDNA positive at the end of neoadjuvant therapy (NAT) were 47 times more likely to remain ctDNA positive after surgery.
  • Distinct response patterns through longitudinal testing:
    • 78% of patients demonstrated sustained ctDNA clearance and were significantly more likely to achieve pCR.
    • 22% showed persistent or intermittent positivity, identifying a population at elevated risk of worse outcomes. Longitudinal testing identified 44% more patients who were at risk for residual disease than testing at the post-NAT timepoint alone.

These findings add to the growing body of evidence supporting serial ctDNA monitoring throughout treatment to help clinicians personalize care decisions.

Supporting care across the cancer continuum
Precise MRD is designed for use across key points in patient cancer care, including neoadjuvant monitoring, post-surgical assessment and surveillance. It integrates into existing oncology workflows across academic and community settings and interested healthcare providers can learn more here.

About Precise MRD
The Precise MRD Test is an ultrasensitive assay that quantifies tumor levels as the patient traverses the care continuum. Built on whole-genome sequencing of tumor tissue, the test creates a unique panel of up to 1,000 patient-specific variants to measure ctDNA at ultrasensitive levels, while minimizing false positives. Precise MRD results can identify residual disease to provide prognostic information that can be used for risk stratification, track response to therapy and monitor for early signs of disease recurrence. Learn more at myriad.com/oncology/precise-mrd-test/.

About Myriad Genetics
Myriad Genetics is a leading molecular diagnostic and precision medicine company committed to advancing health and well-being for all. Myriad Genetics develops and commercializes molecular tests that help patients and providers uncover genetic insights. Our tests assess the risk of developing disease or disease progression and guide treatment decisions across medical specialties where molecular insights can significantly improve patient care, support earlier detection, enable more precise treatment and contribute to lowering healthcare costs. For more information, visit www.myriad.com.

Myriad Genetics Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s expectations for expansion of the Precise MRD test across tumor types and the potential role of Precise MRD in managing cancer care. These “forward-looking statements” are management’s 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 company’s filings with the U.S. Securities and Exchange Commission, including the company’s Annual Report on Form 10-K filed on February 24, 2026, as well as any updates to those risk factors filed from time to time in the company’s 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.

References:
1NIH National Cancer Institute. Cancer Stat Facts. Accessed June 18, 2026.
2Hashimoto T, Kobayashi S, Oki, E, et al. Prognostic impact of MRD positivity at ultra-sensitive ctDNA levels using a WGS-based personalized assay: A pan-cancer analysis from MONSTAR-SCREEN-3. J Clin Oncol. 2026; 44(16): 3044.

Investor Contact
Matt Scalo
(801) 584-3532
IR@myriad.com

Media Contact
Andria Rosell
(385) 202-3510
PR@myriad.com


FAQ

What did Myriad Genetics (NASDAQ: MYGN) announce about Precise MRD expansion on June 23, 2026?

Myriad Genetics announced broader availability of its Precise MRD™ assay for breast, colorectal and renal cancers. According to Myriad Genetics, the test now supports treatment monitoring and surveillance across these tumors, potentially affecting more than 6 million patients living with these cancers in the United States.

How does Precise MRD™ work for MYGN investors interested in minimal residual disease testing?

Precise MRD is a next‑generation, whole‑genome, tumor‑informed ctDNA assay that tracks up to 1,000 variants per patient. According to Myriad Genetics, it provides quantitative, longitudinal insight from neoadjuvant therapy through surgery and surveillance, integrating into academic and community oncology workflows.

What were the key MONITOR‑Breast study results supporting Precise MRD™ from Myriad Genetics (MYGN)?

The MONITOR‑Breast study showed 93% baseline ctDNA detection and 100% specificity for predicting pathological complete response. According to Myriad Genetics, longitudinal testing identified 44% more patients at risk for residual disease than a single post‑neoadjuvant therapy assessment.

How many patients and samples were included in the MONITOR‑Breast trial backing MYGN’s Precise MRD?

MONITOR‑Breast evaluated 154 patients with stage I–III breast cancer across molecular subtypes and analyzed 949 plasma samples. According to Myriad Genetics, samples were collected longitudinally throughout treatment to assess ctDNA status and characterize response and risk patterns over time.

What did longitudinal ctDNA monitoring with Precise MRD™ reveal about risk in breast cancer patients?

Longitudinal monitoring showed 78% of patients had sustained ctDNA clearance and were more likely to achieve pathological complete response. According to Myriad Genetics, 22% had persistent or intermittent positivity, identifying a group at elevated risk of worse outcomes and residual disease.

How is Precise MRD™ intended to support clinical decisions for MYGN‑related cancer care?

Precise MRD is designed for neoadjuvant monitoring, post‑surgical assessment and long‑term surveillance in breast, colorectal and renal cancers. According to Myriad Genetics, its ultrasensitive ctDNA detection and easy‑to‑read reports aim to help guide treatment choices and risk‑stratification decisions.