Genetic testing company 23andMe (ME) has won court approval to sell its most valuable asset, customer DNA data, despite growing concerns over
23andMe, the company whose mail-in self-testing kits became synonymous with DNA testing, is filing for bankruptcy . Anne Wojcicki, who co-founded 23andMe in 2006, is stepping down as CEO as the company tries to find a buyer amid slowing sales four years after going public.
Would you trust a company with your most personal data — your DNA — if it was on the brink of collapse? Millions of 23andMe customers are now facing that unsettling reality as the genetic testing company faces an uncertain future.