Anne Wojcicki on 23andMe’s Second Life
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Anne Wojcicki on 23andMe’s Second Life
Anne Wojcicki says 23andMe’s 13 million users enable research "like a Google query," powering studies from GLP-1 drugs to rare traits.
There’s a lot of confusion around 23andMe: Is the company still in business? Is it now owned by Regeneron, the biotech company that once tried to buy it? Are its genetic test kits still available for sale? And if you’re a customer, what happens to your data? It’s been about a year since 23andMe plummeted into Chapter 11 following a series of financial and regulatory misfortunes. Last summer, in bankruptcy court, the company’s founder and former CEO, Anne Wojcicki, won a bidding war against Regeneron and took over 23andMe’s assets, most importantly the genetic data of millions of users, for $305 million. The company now sits under TTAM Research Institute, a nonprofit Wojcicki established to take 23andMe private.
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Its nonprofit status means 23andMe is now more focused on making a positive impact than selling test kits. “We have, in many........
