Following a data breach and bankruptcy, genetic testing service 23andMe will soon be in different hands. On Monday, biotechnology company Regeneron announced that it won the top bid in a bankruptcy ...
A 2023 data breach hurt demand for 23andMe's core services Transaction is expected to complete in the third quarter May 19 (Reuters) - (Corrects to say the company filed for bankruptcy in March, not ...
Angela Giampolo of Giampolo Law Group in Philadelphia. When Blackstone Group acquired a majority stake in Ancestry.com for $4.7 billion in 2020, headlines focused on consumer tech. But behind the ...
The founder of 23andMe Research Institute wants to reach 100 million users, an ambitious goal after the seller of DNA testing kits emerged from bankruptcy as a nonprofit. 23andMe has the DNA of about ...
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the drug developer Regeneron Pharmaceuticals for $256 million. The ...
Nearly 2 million people protected their privacy by deleting their DNA from 23andMe after it declared bankruptcy in March. Now it’s back with the same person in charge — and I still don’t trust it. Nor ...
Anne Wojcicki's winning bid to reclaim control of 23andMe (MEHCQ) doesn't necessarily end the fight over what happens to the DNA of 15 million people collected by the bankrupt consumer genomics ...
A bankruptcy judge has approved the sale of the insolvent genetics firm 23andMe to a nonprofit run by one of the company's co-founders. The deal effectively avoids the controversial transfer of DNA ...
Your DNA results are in — and they’re 100 percent the property of a pharmaceutical manufacturer. Put simply, the genetic information of millions is now in the hands of a drugmaker seeking to mine it ...
23andMe and its co-founder, Anne Wojcicki, aimed to revolutionize healthcare. Earlier this year, WSJ took a look at factors that knocked the company’s valuation down to nearly $0. Photo: Peter DaSilva ...
Genetic testing company 23andMe never hit on a sustainable business model and went bankrupt. Now, it's being sold to a non-profit launched by the co-founder, delaying addressing data privacy concerns.
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