DNA testing of the 23andme bank protection files, CEO resigned

23Andme genetics testing company has filed for bankruptcy in the United States in the United States to start selling its assets. Along with the announcement, the co -founder and executive director of the company Anne Voichitski separately stated that he was leaving the company to become an independent participant in the company.

“After an in-depth evaluation of strategic alternatives, we have determined that the sales process exceeding the court is the best way forward to maximize the value of the business,” said Mark Jenson, chairman and member of the Special Committee of the Board of Directors.

“We expect the process exceeded by the court will improve our efforts to cope with the operational and financial challenges we are facing, including further reduction of costs and resolving legal and leasing liabilities. We believe in the value of our people and our assets, and we hope that this process is to help our mission and have access to people. patients. “

“The Special Committee 23Andme has released news today, indicating their plan to translate the company through the process of Chapter 11. While I am disappointed that we came to that conclusion and my offer was rejected, I support the company, so I can be in the best position. In the post of xS

23andme has had Hard several years After becoming public in 2021, the most famous for their tests based on saliva that offer customers a look at their genetic descent, the company saw that its market capitalization drops over 99% of the PIC of $ 6 billion after failing to make a profit.

Then, in 2023, 23andme underwent a massive cyberattack in which the data of nearly 7 million customersIncluding the genetic predispositions of consumers and reports on the ancestry were stolen by hackers. In September 2024 the company regulates a case Related to data breach by paying $ 30 millionand soon after that, Wojchitsky said he was exploring Company taking privateS

At the time of writing, the market value of the company was about $ 48 million, with a stock trading of $ 1.79.