23andMe Files for Chapter 11 Bankruptcy Protection: What It Means for Genetic Data Security
Chapter 11 bankruptcy allows companies to reorganize while still operating, which often includes selling off assets. For 23andMe, this means that its significant genetic data repository could soon be put on the market.
NEW YORK (AP) — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the ...
Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take ...
Intends to use Proceedings to Conduct a Value-Maximizing Sale Process and Resolve LiabilitiesCompany Expects to Continue Business Operations in ...
The company said it will look to sell “substantially all of its assets” through a court-approved reorganization plan.
23andMe cofounder and CEO Anne Wojcicki stepped down and the company filed for Chapter 11 bankruptcy protection, it said ...
Recent health news highlights significant developments, including 23andMe filing for Chapter 11 bankruptcy, with plans to ...
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