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The US Supreme Court today ruled that Myriad, the US biotech company that holds a monopoly on testing for a set of breast-cancer related genes, can’t hold a patent on genetic material. But after the news broke, Myriad’s stock shot up.

Here’s why: […] While the court ruled that a gene in its natural state is something that can’t be owned—even if it’s been isolated, which Myriad argued warranted a patent—it also ruled that complementary DNA, or cDNA, could be proprietary. Created artificially in the lab, the cDNA version of the BRCA genes lack so-called “junk” DNA, the pieces that don’t contribute to the gene’s production of proteins. This technical difference, according to the ruling, makes the genes unique enough to be distinguished legally from their natural cousins.

{ Quartz | Continue reading | Washington Post }