MYGN Myriad Genetics Inc.

Myriad Genetics Announces Study Results Show Patients with Depression had Fewer Psychiatric Hospitalizations after GeneSight Testing

Myriad Genetics Announces Study Results Show Patients with Depression had Fewer Psychiatric Hospitalizations after GeneSight Testing

Study published in the Journal of Clinical Psychopharmacology

SALT LAKE CITY, April 21, 2025 (GLOBE NEWSWIRE) -- . (NASDAQ: MYGN), a leader in molecular diagnostics testing and precision medicine, today announced that the Journal of Clinical Psychopharmacology has published a showing those with major depressive disorder had fewer psychiatric hospitalizations after taking the ® Psychotropic Test.

“Millions of Americans face major depressive disorder each year, and the GeneSight test provides genetic insights that may help healthcare providers personalize the selection of mental health medications,” said Dale Muzzey, PhD, Chief Scientific Officer at Myriad Genetics. “This study found lower psychiatric-related hospitalizations following use of the GeneSight test, suggesting that GeneSight may help healthcare providers identify effective medications and reduce the trial-and-error prescribing process that can lead to increased healthcare resource utilization.”

The publication includes additional analysis of the study results first  at the 2024 American Association of Psychiatric Pharmacists conference. The study, entitled "Real-World Impact of Pharmacogenomic Testing on Medication Use and Healthcare Resource Utilization in Patients with Major Depressive Disorder,” showed, following GeneSight testing:

  • There was an almost 40% relative reduction in the proportion of patients who filled prescriptions with significant gene-drug interactions. We believe these data suggest that healthcare providers are using the GeneSight test to inform treatment decisions.
  • A 39% relative reduction in psychiatric-related hospitalizations and a 29% relative reduction in hospitalizations for any reason were observed.
  • Patients who were switched to medications with no/moderate gene-drug interactions had a 44% relative reduction in psychiatric hospitalizations and a 34% relative reduction in hospitalizations for any reason.

“As a practicing psychiatrist, this study reinforces my decision to order the GeneSight test for my patients. Many patients don’t respond well to the first prescribed medication and the rate of positive medication response declines after that1,” said Dr. Crystal Nelson, a psychiatrist in Newnan, GA. "My patients who suffer from major depressive disorder often share a renewed sense of hope after I tell them about and order the GeneSight test. Many of them share that they are relieved to learn that genetics may have been a reason why a medication failed them.”

_______________

1 American Journal of Psychiatry. “Acute and longer-term outcomes in depressed outpatients requiring one or several treatment steps: a STAR*D report”

About the Study

The study analyzed a dataset generated by linking more than a half million de-identified patients who received the GeneSight test to administrative insurance claims from a nationwide data warehouse in the United States. Nearly 21,000 patients with major depressive disorder met inclusion criteria to be included in the study. The study authors then evaluated this dataset with regard to medications prescribed before and after GeneSight testing, as well as healthcare resource utilization before and after GeneSight testing. The company believes that GeneSight testing contributed to the reduction in patients who filled prescriptions with significant gene-drug interactions and the reduction in hospitalizations, but the study did not include an analysis of a non-GeneSight control group to evaluate whether or to what extent GeneSight testing was the cause of these reductions.

About the GeneSight® Test

The GeneSight Psychotropic Test from Myriad Genetics is the category-leading pharmacogenomic (PGx) test for more than 60 medications commonly prescribed for depression, anxiety, ADHD, and other psychiatric conditions. The GeneSight test can help inform clinicians about how a patient’s genes may impact how they metabolize and/or respond to certain psychiatric medications. The GeneSight test supplements other information considered by a clinician as part of a comprehensive medical assessment. Learn more at .

About Myriad Genetics

Myriad Genetics is a leading molecular diagnostics testing and precision medicine company dedicated to advancing health and well-being for all. Myriad Genetics develops and offers molecular tests that help assess the risk of developing disease or disease progression and guide treatment decisions across medical specialties where molecular insights can significantly improve patient care and lower healthcare costs. For more information, visit .

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the study's finding of lower psychiatric-related hospitalizations following the use of the GeneSight test, suggesting that GeneSight may help healthcare providers identify effective medications and reduce the trial-and-error prescribing process that can lead to increased healthcare resource utilization, as well as the company’s belief that the study’s data suggest that healthcare providers are using the GeneSight test to inform treatment decisions, and the company believes that GeneSight testing contributed to the reduction in patients who filled prescriptions with significant gene-drug interactions and the reduction in hospitalizations. 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 28, 2025, 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. 

Investor Contact

Matt Scalo

(801) 584-3532

Media Contact

Kate Schraml

(224) 875-4493



EN
21/04/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Myriad Genetics Inc.

 PRESS RELEASE

Updated: Myriad Genetics to Participate in Two Upcoming Investor Healt...

Updated: Myriad Genetics to Participate in Two Upcoming Investor Healthcare Conferences Correction: Time of BofA Conference SALT LAKE CITY, May 14, 2025 (GLOBE NEWSWIRE) -- . (NASDAQ: MYGN), a leader in molecular diagnostic testing and precision medicine, today announced that management plans to participate in the following investor healthcare conferences: The BofA Securities 2025 Health Care Conference – fireside chat at 6:00 pm ET (updated) on Wednesday, May 14, 2025.Goldman Sachs 46th Annual Global Healthcare Conference – fireside chat at 2:00 pm ET on Wednesday, June 11, 2025. Liv...

 PRESS RELEASE

Myriad Genetics Announces RiskScore Study Published in JCO Precision O...

Myriad Genetics Announces RiskScore Study Published in JCO Precision Oncology Study suggests that utilizing RiskScore drives breast cancer screening tailored to individual risk SALT LAKE CITY, May 07, 2025 (GLOBE NEWSWIRE) --  . (NASDAQ: MYGN), a leader in molecular diagnostic testing and precision medicine, announced today that JCO Precision Oncology published a real-world suggesting that the results of RiskScore® led clinicians to recommend breast cancer screening aligned with patients’ individual risk. RiskScore, Myriad’s clinically validated breast cancer risk assessment tool integ...

 PRESS RELEASE

Myriad Genetics Reports First Quarter 2025 Financial Results; Updates ...

Myriad Genetics Reports First Quarter 2025 Financial Results; Updates 2025 Financial Guidance Highlights First quarter 2025 revenue of $196 million declined by 3% year-over-year. Excluding headwinds1 of $16 million, revenue increased 5% year-over-year.First quarter 2025 Prenatal revenue grew 11% year-over-year, while Pharmacogenomics revenue declined by 20% year-over-year due to UnitedHealthcare (UNH) reducing coverage of GeneSight®. MyRisk®testing volume in the affected population grew 11% year-over-year. First quarter 2025 gross margin of 69% increased 40 basis points year-over-year, ben...

 PRESS RELEASE

Concerns about Mental Health Medication Side Effects Remain a Barrier ...

Concerns about Mental Health Medication Side Effects Remain a Barrier to Getting Help for Those Diagnosed with Depression and Anxiety, According to the GeneSight Mental Health Monitor More than half say genetic testing for mental health medications could reduce concerns SALT LAKE CITY, April 30, 2025 (GLOBE NEWSWIRE) -- Nearly nine out of ten (89%) Americans diagnosed with depression and/or anxiety believe mental health medications are somewhat or very effective, yet concerns about potential side effects remain a significant barrier, preventing more than half (52%) from taking medicatio...

 PRESS RELEASE

Myriad Genetics to Release First Quarter 2025 Financial Results on May...

Myriad Genetics to Release First Quarter 2025 Financial Results on May 6, 2025 Management will participate in two upcoming investor healthcare conferences SALT LAKE CITY, April 29, 2025 (GLOBE NEWSWIRE) -- . (NASDAQ: MYGN), a leader in molecular diagnostic testing and precision medicine, will hold its first quarter 2025 earnings conference call at 4:30 pm EDT on Tuesday, May 6, 2025. The company’s quarterly earnings will be released the same day after the market closes. During the call, Myriad management will provide a financial overview and business update of the company’s performance ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch