DNA testing firm 23andMe files for bankruptcy as CEO steps down

DNA testing firm 23andMe files for bankruptcy as CEO steps down

Genealogy, Family, Life and style, Pharmaceuticals industry, Services sector, Business, UK news, US news Business | The Guardian

​Co-founder Anne Wojcicki to pursue independent bid as California attorney general tells users to delete dataBusiness live – latest updatesThe US genetic testing company 23andMe has filed for bankruptcy protection in the US to help sell itself, as its chief executive quit to pursue a bid for the business after several unsuccessful attempts.23andMe said late on Sunday that it had started voluntary Chapter 11 proceedings in the US Bankruptcy Court for the Eastern District of Missouri to “facilitate a sale process to maximise the value of its business”. Continue reading… 

Co-founder Anne Wojcicki to pursue independent bid as California attorney general tells users to delete data

The US genetic testing company 23andMe has filed for bankruptcy protection in the US to help sell itself, as its chief executive quit to pursue a bid for the business after several unsuccessful attempts.

23andMe said late on Sunday that it had started voluntary Chapter 11 proceedings in the US Bankruptcy Court for the Eastern District of Missouri to “facilitate a sale process to maximise the value of its business”.

Continue reading… 

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