MAY 11·Yahoo Finance Singapore▼
Myriad Genetics Inc. (MYGN): Larry Robbins Likes This Stock
Larry Robbins' Glenview Capital has maintained a significant stake in Myriad Genetics, Inc. (MYGN) since 2019, holding almost 4.6 million shares as of Q4 2025. Despite this, the molecular diagnostics company has struggled to achieve profitability, reporting a GAAP net loss of $34.1 million in Q1 2026, with revenue growth trailing the US market average. Analysts have lowered price targets due to competition and a lack of clear path to profit.
MAR 3·Stock Titan▲
New breast cancer test detects residual disease beyond standard scans
Myriad Genetics (NASDAQ: MYGN) has launched Precise MRD, a tumor-informed circulating tumor DNA (ctDNA) test for breast cancer patients, with selected community oncologists. This test uses whole-genome sequencing to create personalized assays, enabling ultrasensitive detection of ctDNA down to one part per million, which can identify residual disease not visible through conventional imaging. Myriad plans a broader U.S. commercial launch later in 2026.