Fast-growing startup, Assurex Health, sold to Utah-based Myriad Genetics Inc.

Posted on August 4, 2016 by lisacolbert in Companies // 0 Comments

A Utah company has acquired one of the region’s most successful startups, Mason-based Assurex Health, in a deal worth up to $410 million.

Myriad Genetics Inc., based in Salt Lake City, will pay at least $225 million for the fast-growing company that developed a genetic test to help doctors identify the best medications to treat patients suffering from depression. Another $185 million in payments are possible, if performance milestones are met.

Read more at WCPO, the Cincinnati Business Courier and the Cincinnati Enquirer.

Originally published August 3, 2016.