In a recent U.S. Supreme Court decision, a patent claim involving Myriad Genetics' complementary DNA, or cDNA, has been upheld, according to a company announcement. In addition to Myriad's patent victory, however, five of its isolated DNA-related claims were denied by the court.

While not at issue in the Supreme Court's ruling, Myriad stated the Supreme Court also noted its BRCA 1 and BRCA 2 as method claims, supporting an earlier circuit court statement that said, "As the first party with knowledge of the [BRCA1 and BRCA2] sequences, Myriad was in an excellent position to claim applications to that knowledge." Myriad's BRACAnalysis testing has been utilized "by more than a million women" to determine a patient's risk of contracting ovarian and breast cancer, according to the statement.

Regarding the court's decision to uphold its cDNA claim, and reinforce the method claims relating to BRCA 1 and BRCA 2, Myriad president and CEO Peter Meldrum said the ruling, "underscored the patent eligibility of our method claims, ensuring strong intellectual property protection for our BRACAnalysis test moving forward."

The article Court Upholds Myriad Genetics' Patent Claim originally appeared on Fool.com.

Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Finding Stock Ideas

Learn to do your research and find investments.

View Course »

Asset Allocation

Learn the most important step in structuring an investment portfolio.

View Course »

Add a Comment

*0 / 3000 Character Maximum