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23andMe assets being sold to Regeneron Pharma for $256M

By Axios  
   May 20, 2025

Regeneron Pharmaceuticals has agreed to acquire the assets of bankrupt genetic testing company 23andMe for $256 million. Regeneron pledged to 'ensure compliance with 23andMe's consumer privacy policies and applicable laws with respect to the treatment of customer data.' This is a big loss for 23andMe co-founder and former CEO Anne Wojcicki, who'd been trying to buy the company since last summer.

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