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Myriad

Natera led the Index for the second month in a row after it announced that it intended to raise $75 million in a public stock offering.

Myriad said that it will fund the $375 million acquisition with a combination of cash, common stock, and funds from its revolving credit facility.

According to Myriad, a similar deal is in the works with the pharmacy benefit management services provider for its GeneSight pharmacogenetic test.

This week's news includes the College of American Pathologists, Johnson & Johnson Innovation, Myriad Genetics, and Merck.

The FDA will consider the companion diagnostic application alongside data for Pfizer's talazoparib in BRCA-mutated advanced breast cancer.

Mother Jones reports that some data used for interpreting what BRCA1 or BRCA2 mutations mean are kept private.

The $375 million deal marks the integration of Myriad, a leader in the hereditary cancer genetic screening market, with Counsyl, a leader in reproductive genetic screening.

Myriad will merge Counsyl’s reproductive tests with its preventive care business unit into a new business unit called Myriad Women’s Health.

Researchers from the molecular diagnostics firm said their screen could identify a range of variant types to boost the identification of at-risk couples.

The company presented new data on the PGx test this week and expressed confidence that they can secure broader payor coverage for it.

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The US National Institutes of Health's All of Us project awarded $4.6 million to the company Color to develop a genetic counseling resource for the program.

The Times of India reports on a pilot study that used genomic testing to determine whether patients had drug-resistant tuberculosis.

New guidelines say that more women may benefit from genetic testing for hereditary breast or ovarian cancer, according to the Los Angeles Times.

In Cell this week: small proteins identified among human microbiome, role for tumor microbes in pancreatic cancer survival, and more.