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March 11, 2014
10:15 EDTMYGNMyriad says trial date not scheduled after injunctive relief denied
Myriad Genetics confirmed earlier today that the U.S. District Court for the District of Utah denied its motion for preliminary injunctive relief. Myriad alleges that Ambry Genetics' testing services infringe various patent claims owned by the BRCA patent owners which relate to the BRCA1 and BRCA2 genes, and were seeking a preliminary injunction to prevent Ambry from selling the testing services. The company said, "We believe the BRCA patents at issue in this case are valid, enforceable and infringed, and are confident we will prevail based on the full evidence. A trial date has not been scheduled." Shares of Myriad are down 9%, or $3.58, to $34.17 in early trading.
News For MYGN From The Last 14 Days
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November 20, 2014
07:51 EDTMYGNTESARO, Myriad Genetics announce companion diagnostics collaboration
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November 19, 2014
07:08 EDTMYGNCrescendo data shows Vectra DA is better predictor of joint damage in RA
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November 14, 2014
07:14 EDTMYGNAmerican College of Rheumatology is holding a meeting
2014 ACR/ARHP Annual Meeting is being held in Boston on November 14-19.

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