News
23andMe Bankruptcy Saga: Founder Anne Wojcicki Makes Last-Minute Bid for DNA Data
The move marks a turning point in 23andMe’s tumultuous decline. Founded in 2006 by Wojcicki, the company initially gained traction with its saliva-based ancestry kits and went public in 2021. By the end of that year, its valuation peaked at $6 billion.
New auction for 23andMe sought with $305m bid from ex-CEO
Added to that, 23andMe suffered a massive data breach in 2023 that resulted in information from about 7 million people being exposed. It was forced to pay $30 million to settle a lawsuit last year alleging it had failed to protect customers' privacy after a data breach.
Me is proposing to reopen its bankruptcy auction to entertain a final offer from a nonprofit operated by its co-founder, ...
Me has a path to a higher purchase price than the $256 million offered by biotech giant Regeneron after the genetic-testing ...
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt genetic testing company 23andMe told a U.S. bankruptcy judge on Wednesday ...
The founder of 23andMe, Anne Wojcicki, has asked a federal bankruptcy court judge to reopen an auction for the genetic ...
Investor's Business Daily on MSN2d
23andMe Angles For A Bigger Regeneron Bid As Ex-CEO Steps Up With A Better OfferMe wants to reopen bidding on its assets after former CEO Anne Wojcicki put together a $305 million offer, topping Regeneron.
Bankrupt DNA testing company 23andMe Holding (OTC:MEHCQ) is set to hold a second auction to sell its assets, including ...
The founder of 23andMe, Anne Wojcicki, has asked a U.S. judge to reopen an auction for the genetic testing company, saying ...
The judge overseeing the bankruptcy of 23andMe questioned the limits proposed for a second auction that is designed to push ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback