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May 17, 2013
Years in the project. that investment is paying off. the brock analysis test costs $4,000, often covered by insurance. and made up 82% of the companys revenue in fiscal 2012. the companys profit, $112 million. this biotech analyst has followed myriad for a decade. >> are they going to stop researchers from using their work? no. but the idea is if someone else tries to do what theyre doing kplertially, they have to be protected. thats the critical difference. >> reporter: myriad argue thats paten...
May 17, 2013
Can genes or synthetic genes be patented or are they products of nature that shouldnt be owned by anyone? >> this case is such a big deal because so many people think the future of medicine is genetics. and how the law regards genes and synthetic genes will dictate how and whether companies invest to find new cures. >> reporter: myriad says it invested $500 million over 17 years in the project. that investment is paying off. the brock analysis test costs $4,000, often covered by insurance. and m...
May 16, 2013
That investment is paying off. the brock analysis test costs $4,000, often covered by insurance. and made up 82% of the companys revenue in fiscal 2012. the companys profit, $112 million. this biotech analyst has followed myriad for a decade. >> are they going to stop researchers from using their work? no. but the idea is if someone else tries to do what theyre doing kplertially, they have to be protected. thats the critical difference. >> reporter: myriad argue thats patented genes encourages i...