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Anne Wojcicki quits as 23andMe files for Chapter 11 bankruptcy

[...]23andMe went public in June 2021 and was once valued at more than $6 billion. It never turned a profit and faced major hurdles in recent months.[...]

[...]23AndMe’s primary product, a DNA testing kit that generated details of a person’s ancestry, failed to retain customers due to the one-and-done nature of the business. However, the company still managed to reach more than 15 million customers since 2006. Eighty-five percent of those people allowed 23andMe to use their data for research.[...]

https://finance.yahoo.com/news..../anne-wojcicki-resig

Anne Wojcicki resigns as 23AndMe files for Chapter 11 bankruptcy

23andMe (ME) on Sunday filed for bankruptcy protection after struggling to combat weak demand for its DNA testing kit and the fallout of a data breach that effected millions of customers.