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23andme 1152x648 1743527361

Biotech company Regeneron to buy bankrupt 23andMe for $256M

Posted on May 19, 2025

23andme 1152x648 1743527361

The biotechnology company will receive Regioneron 23 and 6 256 million from bankruptcy, in which the DNA testing company will continue to run without interference and maintain its promises to protect its privacy.

I Announcement of acquisitionRegner, 23 and 15 million users, assured that their data – including genetic and precision information, lineage, and other sensitive personal information, would be safe and in good hands. The purpose of the Regionron is to use a large number of genetic data to use the genetics to make medical advances to use their work further.

“As a global leader in human genetics, the Region is committed to the Genetics Center and has a proven track record of protecting genetic data from people around the world, and, with their consent, use these data to exploit science and society. “We assure 23 and customers that we are committed to protecting data privacy, security, and moral surveillance with 23 and matte data, and will advance our full potential to improve human health.”

Barrus said Regner’s genetic center already has its genetic datastas with about 3 million people.

The safety of 23 and May’s dataset during the end of the company has raised concerns about consumers, lawmakers and regulators. For example, in March, California’s Attorney General Rob Bonta took extraordinary steps to request from California Delete their genetic figures between 23 and mid -financial troubles. Chairman of the Federal Trade Commission Andrew Ferguson also weighed, clarified in A March letter That “any buyer should agree to clearly follow the 23rd and privacy policies and the terms of the applicable law.”

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