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DNA and genetic testing firm 23andMe is in turmoil following a 2023 data breach and its ongoing financial decline. The ...
At its peak, the company was valued at $6 billion. While the market initially believed in the value of 23andMe's business model, its stock has been in decline for years, and the company owes hundreds ...
Shares of DNA testing firm 23andMe were in free fall on Monday after it filed for Chapter 11 bankruptcy protection and lost its CEO.
In a startling turn of events, the genetic testing company 23andMe filed for bankruptcy on Sunday, marking a drastic fall from grace for a firm once celebrated for revolutionizing ancestry testing.
The company’s market value peaked at almost $6 billion after it went public in 2021, but 23andMe reported a 7% decline in revenue and losses of $174 million in the first nine months of its ...
Genetic testing company 23andMe has officially filed for bankruptcy Company has seen sales decline, laid off hundreds last year California AG says company has 'trove of sensitive consumer data ...
In a statement, 23andMe said it had filed for Chapter ... In the first nine months of its current fiscal year, the company reported a 7 percent decline in revenue and losses of $174 million.
The company, known for its at-home ... Blackstone-owned AncestryDNA, 23andMe’s biggest competitor, is also facing a decline in demand. People just aren’t as eager to swab their cheeks ...
Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers ...
Anne Wojcicki, Linda Avey and Paul Cusenza come together as co-founders of 23andMe. A year later, the company launches its first direct-to-consumer genetic testing kit, which provides more than 200 ...
DNA and genetic testing firm 23andMe is in ... its ongoing financial decline. The once-pioneering giant now faces an uncertain future as bankruptcy looms over the company, intensifying concerns ...