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23andMe founder buys back genetic testing company in second auction

13 June 2025
in World
23andMe founder buys back genetic testing company in second auction
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Anne Wojcicki’s TTAM Research Institute won a bankruptcy auction for 23andMe with a $305 million bid, surpassing Regeneron Pharmaceuticals. Despite objections regarding customer data transfer and ongoing litigation from a 2023 data breach, TTAM’s offer awaits judicial approval, while 23andMe shares have surged in anticipation of a recovery.

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Tags: 23andMeauctionbuyscompanyFounderGenetictesting
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