A nonprofit headed by Anne Wojcicki, the 51-year-old co-founder and former CEO of genetic testing startup 23andMe, is the new buyer for 23andMe's assets.

23andMe stated on Friday that Wojcicki's nonprofit was its new buyer, with a bid of $305 million. The nonprofit, called TTAM after the first letters of 23andMe, won a bid to acquire the startup on Friday following its bankruptcy filing in March.

Related: 23andMe to Pay $30 Million Settlement After Massive Hack. Here's Who's Eligible to Make a Claim.

TTAM replaces biotech company Regeneron as 23andMe's buyer. Last month, Regeneron won the bidding during the bankruptcy auction to purchase 23andMe for $256 million. Wojcicki reopened the bidding earlier this month with the offer through TTAM — and won.

Regeneron told CNN Business that it decided not to make a bid to top TTAM's offer "based on our assessment of........

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