Monday, June 16th 2025, 9:39 am
A non-profit led by the co-founder of 23andMe wins the bid to purchase the genetic testing company after declaring bankruptcy earlier this year.
The company filed for bankruptcy in March, but former CEO and co-founder Anne Wojcicki, who resigned from the company at the same time, won the auction to buy the company, bidding $305 million.
RELATED: 23andMe files for bankruptcy and will try to find a buyer
Wojcicki's nonprofit, TTAM Research Institute, will take control of the company.
There is no information at this time as to when the purchasing deal is expected to close.
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