23andMe filed for bankruptcy late Sunday night and announced the resignation of its chief executive, capping a precipitous fall for the DNA-testing company. CEO Anne Wojcicki, who is stepping down from her position but remaining on the board, has so far tried unsuccessfully to rescue the business by buying it back. Wojcicki said in a late Sunday post on X that she still aims to buy the company’s assets. “I remain committed to our long-term vision of being a global leader in genetics and establishing genetics as a fundamental part of healthcare ecosystems worldwide,” she wrote.
Read the full article: 23andMe Files for Bankruptcy, Announces Resignation of CEO Anne Wojcicki //
Source: https://www.wsj.com/business/dna-testing-company-23andme-files-for-bankruptcy-announces-ceo-resignation-82ad1c45