Mr. Meldrum married Catherine Marie Roper in 1970. She survives him, as does a son, Christopher; a brother, Daniel; and three grandsons.
He created a venture capital company, Founder Founderand in 1991 joined Dr. Skolnick, a genetic researcher and professor at the university, to found Myriad.
"The vision of the company was that we were witnessing a paradigm shift in medicine," said Meldrum in 2009, when he was inducted into the Utah Technology Council Hall of Fame. The transition from diseases to prevention through the treatment of new tools of genetics.
"At the beginning of Myriad, I told Mark that our success was 1 in 10 in the field of technology," said Meldrum. recalled in 2016"So it was probably going nowhere. But I told him it was a fascinating science and that it would be fun. "
In response to critics of BRCA patents, Meldrum and others argued that the ability to obtain such patents was essential to encourage biotechnology companies to continue their research.
"Clearly, it's not only important for Myriad, but also for the biotechnology and agriculture industries, to reinforce the fact that you can get patents on genes," Meldrum said. 2011, when a court of appeal ruled in favor of the company in the case went to the Supreme Court. "This will only encourage innovation and the development of products that can save lives and improve the quality of life."
With regard to the question of costs, he explained in a letter to the editor The 2013 New York Times reported that the cost of testing – about $ 3,000 at the time – was negligible for most women and that the company also had a patient assistance program. which covered most or all of the costs borne by eligible women. More than a million women used the company's test at that time, says the letter.
In addition to his work at Myriad, Mr. Meldrum has served on boards of arts organizations such as Ballet West and has been recognized for his philanthropic efforts in the name of the arts. After his retirement, he was president of the Meldrum Foundation, a family charity that supports arts, education and humanitarian activities.