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    Myriad Genetics (MYGN), Diabetes Collaboration With Sanofi

    December 10 Dec 2012 | 14:24
     

    crwenews

     

     

    http://pennyomega.com/img/mygn.jpg MYGN, Myriad Genetics, Inc.

    ** MYGN reported that Myriad RBM, a wholly owned subsidiary of MYGN, has entered into a research collaboration with Sanofi, a global and diversified healthcare leader, and Population Health Research Institute (PHRI) at Hamilton Health Sciences and McMaster University.

    Through this collaboration, Myriad RBM will perform protein biomarker research for the Outcome Reduction with Initial Glargine Intervention (ORIGIN) study, the world’s longest and largest randomized clinical trial in pre- and early diabetes. The relationship between the biomarker results and clinical outcomes will be analyzed by investigators at PHRI.

    As part of the agreement, Myriad RBM will analyze over 8,000 serum samples collected in the ORIGIN study using its DiscoveryMAP(R) 250+ quantitative immunoassay panel.

    Sanofi conceived of the application of Myriad RBM’s technology to ORIGIN with a goal of identifying biomarker profiles that may optimize treatment and improve patient care.

    This collaboration could represent up to $10 million in companion diagnostic service revenue for MYGN over the next two fiscal years.

    http://pennyomega.com/img/mygn_chart21.png

    Myriad RBM’s biomarker discovery platform provides clinical researchers, physicians and healthcare providers with reproducible, quantitative, multiplexed data for hundreds of proteins to advance drug development and patient care.

    MYGN is a leading molecular diagnostic company dedicated to making a difference in patients’ lives through the discovery and commercialization of transformative tests to assess a person’s risk of developing disease, guide treatment decisions and assess risk of disease progression and recurrence.

    ******************

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