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Once valued at $6 billion, executives have yet to find a bidder for the $50 million gene testing company that has never turned a profit.
The genetic testing company 23andMe is filing for bankruptcy and looking for a new buyer. The company announced the move after losing millions of dollars over the last several quarters.
The genetic testing company has filed for bankruptcy protection and it's unclear what will happen to its massive collection of customer data.
Ancestry and genetics-testing company 23andMe filed for Chapter 11 bankruptcy protection over the weekend This news comes as CEO and co-founder Anne Wojcicki announced her resignation, according ...
Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future of their data.
Genetic testing company 23andMe filed for Chapter 11 bankruptcy protection to help the $50 million company sell itself, the company announced Sunday. 23andMe's saliva-based kits have been helping ...
The company said it will look to sell “substantially all of its assets” through a court-approved reorganization plan.
With Sunday’s announcement by genetic testing firm 23andMe that it has filed for bankruptcy, customers of the site may be wondering what will happen to their data and what, if anything ...
NEW YORK (AP) — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.
NEW YORK (AP) — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.