Source: United Press International
“Human genetics and biotechnology firm 23andMe has announced that it has filed for bankruptcy and its chief operating officer, Anne Wojcicki, has resigned. The California-based company made the announcement Sunday in a statement, explaining it is seeking to enter Chapter 11 proceedings to facilitate a court-supervised sale of its assets. … On Friday, California Attorney General Rob Bonta issued a consumer alert warning customers of 23andMe to delete their genetic data from the company, as ‘it is in financial distress and stated in securities filings that there is substantial doubt about its ability to continue.’ 23andMe said Sunday that it plans to continue business operations throughout the Chapter 11 process and that there will be no changes to the way it stores, manages and protects customer data.” (03/24/25)
https://www.upi.com/Top_News/US/2025/03/24/23andMe-bankruptcy/9081742805508/