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Genetic Testing Firm 23andMe Files For Bankruptcy

Bankruptcy
International Business Times Fews App News Provider
Fews App Post Time 1d ago

The DNA testing craze saw millions of consumers rushing to discover their ancestry and health information with tests from 23andMe AFP Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles. 23andMe, which sells a mail-back saliva test to determine ancestry or certain health-related genetic traits for less than $200, said late Sunday that it had "filed a voluntary petition for reorganization" with a state bankruptcy court in Missouri. At its height a few years ago, the DNA testing craze saw millions of consumers rushing to discover their ancestry and health information with tests from 23andMe becoming popular holiday gifts.

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