logo
Plus   Neg
Share
Email

Former Myriad Genetics CEO Peter Durkee Meldrum Passes Away

Myriad Genetics Inc. (MYGN) said that the company's former chief Executive officer Peter Durkee Meldrum, age 71, passed away on December 20, 2018.

Pete was a co-founder of Myriad Genetics, forming the company with Dr. Mark Skolnick in 1992. Pete steered the company from its inception through its initial public offering in 1995, to a profitable company with more than 2,500 employees that provided over two million patient test results by the time of his retirement in 2015.

"We are deeply saddened by Pete's passing," said Mark Capone, president and CEO, Myriad Genetics. "He was a scientific visionary and pioneer in the fields of personalized medicine and molecular diagnostics. He cared deeply about making a difference in patients' lives by providing perfect test results which are values that we continue to live by every day."

Pete was born on June 26, 1947, in Salt Lake City, Utah, the eldest son of Benjamin "Nibs" Meldrum and Grace Durkee Meldrum.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Whole Foods Market stores have recalled Decorated Red Apple Cookies as they may contain undeclared egg. People who have an allergy or severe sensitivity to these allergens run the risk of serious or life-threatening allergic reaction if they consume these products. The cookies were sold by the... Norwex has announced voluntary recall of about 58,000 rubber brooms due to laceration hazard. According to the company, handles of the recalled brooms can break in half, exposing a metal inner rim, posing a laceration hazard to the user. The recall involves extendable indoor/outdoor white rubber... Amazon.com Inc. has expanded its AmazonFresh grocery delivery service to three new cities. Beginning today, Amazon Prime members in Houston, Minneapolis and Phoenix can shop thousands of products, ranging from meat and seafood to fresh produce and everyday essentials. The groceries will be delivered to their homes in two hours or less, with options for one-hour and two-hour delivery.
Follow RTT