Anne Wojcicki to buy back 23andMe and its data
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DNA data saved: 23andMe co-founder Anne Wojcicki has bid $305 million through a nonprofit to acquire her bankrupt company, potentially keeping millions of
Regeneron did not bid higher on the genetic testing company because of “its assessment of 23andMe’s remaining value,” according to a spokesperson for the pharma.
Rep. Gill grilled 23andMe's co-founder Anne Wojcicki during a House hearing where she revealed that she did not understand some of the terms her own company used.
During a hearing on the privacy implications of 23andMe selling its business, its interim CEO says 1.9 million people, or about 15% of its user base, have asked to have their DNA data deleted.
The possible sale of 23andMe’s genetic data could set a precedent for future cases where companies look to offload increasingly personal data.