23andMe Faces New Bids Amid Controversy Over Genetic Data Sales

1 min read
Source: Bloomberg
23andMe Faces New Bids Amid Controversy Over Genetic Data Sales
Photo: Bloomberg
TL;DR

23andMe is holding a second auction for its DNA data with a bid of $305 million from Anne Wojcicki's group, after a legal dispute with Regeneron over the initial auction win. The auction aims to resolve the sale of the company's genetic data amid its bankruptcy due to financial struggles and legal issues.

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