Giving Back: It’s in Our DNA
As the first Myriad employee, I know from experience that social responsibility has been ingrained in the DNA of our culture since our earliest days – and that commitment lives on today. In fiscal year 2014, we added to our legacy of good corporate citizenship through a combination of philanthropy and volunteerism.
Last year, we gave more than $13.7 million to help patients in financial need and to support the communities where we work and live. This is an increase of 25 percent compared to fiscal year 2013. About 95 percent of our total philanthropy is driven by free and subsidized molecular diagnostic testing offered through our patient financial assistance programs.
Here are some highlights of our giving this year:
- More than 4,000 people received assistance in paying for their diagnostic tests through our financial-assistance programs.
- We donated $295,000 in cash to support key patient advocacy organizations where we have the ability to make a positive difference in addressing complex health challenges, increase education about diagnostic testing, and improve the quality of life for patients.
- We provided $185,000 in financial support for academic scholarships at the undergraduate and post-graduate levels, and regularly contribute to advancing women and minorities in medicine and science.
- Myriad provided $98,000 in financial support to nonprofit organizations and shared the expertise of our employees in the communities where we operate.
I’m proud that our employees are such good advocates of corporate responsibility. We know that this is a journey and will continue to strive for even higher levels of performance and positive impact through our business and in our communities. In the meantime, we invite you to learn more about our commitment to our patients and the quality products and services we offer at: www.myriad.com.
CEO, Myriad Genetics, Inc.