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Engadget
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23andMe founder Anne Wojcicki will regain control of embattled DNA company after all
- 23andMe founder Anne Wojcicki is set to regain control of the DNA company's assets after TTAM Research Institute outbid Regeneron with a $305 million offer, following a bankruptcy auction.
- A bankruptcy judge has approved the reopening of bidding, with Regeneron declining to top Wojcicki's offer, leaving 23andMe in TTAM's control pending court approval on June 17, 2025.
- Regeneron had previously planned to retain all employees and continue offering DNA testing kits, utilizing 23andMe's genetic data for health risk identification and drug target research.
- TTAM Research Institute, led by Wojcicki, has committed to various data and privacy protections for 23andMe customers, such as data deletion options, research opt-outs, and consumer privacy safeguards.
- Wojcicki's goal to maintain control of the company has been evident since she resigned as CEO to bid on 23andMe upon its bankruptcy declaration in March 2025.
- She emphasizes the mission of 23andMe to empower individuals with genetic data transparency and choice, ensuring customers can learn about their ancestry and health risks at their discretion.
- 23andMe faced challenges before bankruptcy, including a 2023 data breach affecting millions and mass layoffs in 2024 affecting 40% of the workforce.
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