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Myriad shares jump, then slump on fast moving competition following SCOTUS
Breaching Myriad's walls
Monday, June 17, 2013
Myriad Genetics Inc. (NASDAQ:MYGN) jumped more than 10% in intraday trading
Thursday as the company claimed victory on a U.S. Supreme Court ruling
allowing cDNA patents. But the shares ended the day down 6% and tumbled further
Friday after several companies announced plans to offer competing breast cancer
tests priced as low as one-third of Myriad's
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