Rules-Based

Adding to Myriad's appeal is its acquisition of privately held Rules-Based Medicine RBM, which has added a new dimension to the company as it enables Myriad to get into areas other than oncology.

Forbes.com: News Gene Marcial 2011

Myriad's pipeline of important diagnostic and therapeutic products has been broadened by its recent acquisition of Rules-Based Medicine, which is catching the eye of potential Big Pharma partners.

Forbes.com: News Gene Marcial 2011

In addition, we have been strategically deploying capital with the in-licensing of novel technologies from Chronix Biomedical and the Melanoma Diagnostics and the acquisition of Rules-Based Medicine in addition to repurchasing over $200 million of our stock this year.

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The company acquired the Companion diagnostic business following the acquisition of Rules-Based Medicine in May 2011.

unknown title 2011

Additionally, the 2 licensing deals and the acquisition of Rules-Based Medicine have augmented our already strong product pipeline.

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I guess my first one is maybe excluding Rules-Based Medicine, can you kind of give us some color on what you envision for, I guess, new product sales or new test sales in -- by 2012, maybe including new indications that you're pursuing off with some new tests that you might be launching?

unknown title 2011

The company acquired the Companion diagnostic business following the acquisition of Rules-Based Medicine in May 2011.

unknown title 2011

Most of my questions have been asked, but I wanted to ask you a question on the Rules-Based Medicine vector or the companion diagnostics vector.

unknown title 2011

Uses of cash during the year included buying back over $200 million of stock and acquiring Rules-Based Medicine for $80 million.

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Additionally, first quarter R&D is expected to increase sequentially due to the full quarter impact of Rules-Based Medicine and new clinical trials.

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