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Myriad Genetics (MYGN) investor relations material
Myriad Genetics 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic direction and leadership
Refined focus on the cancer care continuum, with a robust new strategy and leadership changes in the past year.
Emphasis on execution excellence, discipline in planning, and a strengthened leadership team with domain expertise.
Accelerating growth and profitability by focusing on the Cancer Care Continuum and execution excellence.
Serving large, high-growth markets in precision oncology, hereditary cancer, prenatal health, and mental health.
Over 1.5 million patient tests reported and 55,000+ healthcare providers served in 2025.
Product innovation and pipeline
Expanded portfolio in cancer care, including hereditary cancer, therapy selection, and MRD, with new launches planned through 2027.
Expanded MyRisk hereditary cancer panel launched in Q4 2025; disease-specific panels to launch in H1 2026.
First AI-enhanced Prolaris prostate cancer test to launch in H1 2026, with a second planned for 2027.
Entering the MRD market with Precise MRD, targeting breast, renal, CRC, endometrial, and ovarian cancers, with commercial launches expected in 2027.
FirstGene prenatal test offers earlier testing at 8 weeks, with commercial launch in H2 2026.
Financial performance and outlook
2025 revenue projected at $822–$824 million, with 1% overall volume growth.
2026 revenue guidance is $860–$880 million, a 6% increase, with industry-leading gross margins of 68–69%.
Adjusted EBITDA for 2026 expected at $37–$49 million, over 40% improvement from 2025.
Over $35 million planned investment in commercial expansion and R&D, with only a modest OpEx increase.
Long-term annual revenue growth targeted at high single to low double digits, driven by new product launches and partnerships.
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