As 23andMe Slides Into Bankruptcy, Your DNA Hangs in the Balance

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As 23andMe Slides Into Bankruptcy, Your DNA Hangs in the Balance
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Biotech company 23andMe was once hailed as one of the most successful businesses selling DNA analysis services to anybody who could afford one of its saliva test kits.

The company's valuation was a lofty $6 billion shortly after going public in 2021. Since then, its valuation has "If we are involved in a bankruptcy, merger, acquisition, reorganization, or sale of assets, your Personal Information may be accessed, sold or transferred as part of that transaction," the company notes in itsIn other words, your DNA information could easily be passed on to an entirely separate company, a terrifying prospect for many trying to safeguard their privacy online., a spokesperson reassured that Wojcicki is "not open to considering third-party takeover proposals.

"Buying a DNA test online might feel fun and rewarding and it’s certainly been marketed that way," Prictor concludes in her piece. "There are plenty of good news stories about how getting those test results has helped people to connect with lost family or understand more about their health risks."

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