Anne Wojcicki Reclaims 23andMe in $305M Deal Through TTAM Institute

0
255

23andMe: States Sue to Block Sale of DNA Data During Bankruptcy Battle

A bankruptcy court hearing is scheduled for June 17, when a judge will review and potentially approve the deal. If approved, the acquisition will likely be finalized in the following weeks.

Background: Who Is Anne Wojcicki?

Anne Wojcicki is a pioneering figure in the field of consumer genetics. In 2006, she co-founded 23andMe to make personal genomics accessible to the public.

Signup for the USA Herald exclusive Newsletter

 Under her leadership, the company became one of the first to offer direct-to-consumer DNA testing kits, providing insights into ancestry and potential health risks.

Wojcicki, a former healthcare investment analyst, is known for her strong advocacy for genetic privacy and consumer empowerment.

Her return to 23andMe through the TTAM Research Institute signals her ongoing commitment to protecting and expanding public access to personal genetic information.

Legal and Privacy Concerns 

The deal comes amid scrutiny from multiple state attorneys general, who have expressed concern over the potential sale of sensitive DNA data during bankruptcy proceedings.