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23andMe Files for Chapter 11 Bankruptcy: Major Shakeup in Genetic Testing Industry

23andMe Files for Chapter 11 Bankruptcy: Major Shakeup in Genetic Testing Industry

BUSINESS - 3/24/2025

In a dramatic turn of events, 23andMe has filed for Chapter 11 bankruptcy, leading to the immediate resignation of CEO Anne Wojcicki. The company plans to sell its assets while navigating financial turmoil and ongoing efforts to safeguard customer data.

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