DNA testing company 23andMe files for bankruptcy protection, CEO resigns

Genetics Test Company 23Andme appealed to 11 bankruptcy protections in the United States to launch the sale of assets. In addition to the announcement, the company’s co-founder and CEO Anne Wojcicki also left the company to be an independent bidder for the company.

“After the comprehensive assessment of strategic alternatives, the court is the best way to increase the cost of the sale of the work by the court,” Mark Jensen, said the department of the department and the board.

“We expect to allow the trial to allow the process controlled by the trial, to live, understand, understand and benefit the value of the upcoming operations and financial problems, and this process.”

“23Ande Special Committee Today I am accepting the company company and I will support the company from my proposal, I resigned as the CEO of the company,” he said, “he said In an article in X.

There were 23andme Having a few years in trouble After going to the public in 2021. The best-known company with saliva-based test sets offering an idea of ​​customers’ genetic ancestors is more than 99% from the date of which the company’s market capitalization could not earn more than 6 billion.

Then in 2023, 23andme became a massive cyber Information of about 7 million customersThe users were stolen by hackers, including genetic tendencies and ancestral reports. In September 2024, the company filed a lawsuit Related to the info violation by paying $ 30 millionand after a while he said he explored Wojcicki To receive the company personal.

During the writing, the market value of the company was $ 48 million and the stock market was about $ 1.79.