US EditionAnne Wojcicki’s Nonprofit Gets Court Approval to Buy 23andMe for $305 Million
- On June 30, 2025, the U.S. Bankruptcy Court approved the sale of San Francisco-based 23andMe's assets to TTAM Research Institute for $305 million.
- The sale followed 23andMe's March bankruptcy filing amid financial struggles and months of bidding between TTAM, led by co-founder Anne Wojcicki, and Regeneron Pharmaceuticals.
- TTAM, a California nonprofit, will acquire 23andMe's Personal Genome Service and Lemonaid Health subsidiary while pledging to maintain privacy policies and allow customers to delete data or opt out of research.
- Mark Jensen, 23andMe's board chair, called the approval a milestone ensuring the company’s mission to help people understand the human genome persists globally, while Wojcicki said TTAM will build on 23andMe's mission and empower individuals' control over their genetic data.
- Despite court approval, several states including California actively oppose the sale citing genetic privacy law violations, and customers will receive at least two business days’ notice with privacy details before the transaction closes.
122 Articles
122 Articles
23andMe sale comes with privacy concerns
A bankruptcy court has approved the sale of 23andMe to TTAM Research Institute. In an email sent out to customers on Tuesday, July 1, the genetic testing firm announced the deal is likely to go through by July 8. 23andMe sale TTAM purchased the fledgling company for $305 million after 23andMe filed for bankruptcy back in March. California-based TTAM is led by former 23andMe CEO Anne Wojcicki. “Core to my beliefs is that individuals should be emp…
Attorney General Jeff Jackson ensures 23andMe data protection for N.C.
RALEIGH, N.C. (WNCT) -- Attorney General Jeff Jackson announced that 23andMe data from North Carolinians will not transfer to a for-profit third party. According to a press release, the data will stay "with TTAM Research Institute, a nonprofit organization created by one of 23andMe’s cofounders. He has also successfully secured additional safeguards for people’s data. The transfer will likely take effect in the next few weeks." “People deserve t…
AG Taylor Announces Settlement in 23andMe Bankruptcy Alerts Alaskans to their Right to Request that their Data be Deleted - Alaska Native News
(Anchorage, AK) – Alaska Attorney General Treg Taylor has announced a settlement with TTAM, the non-profit that will obtain most of 23andMe’s assets, including customer data, following a bankruptcy proceeding in federal court in Missouri. “I’m pleased that my office’s aggressive approach to protecting Alaskans’ privacy paid off” said Attorney General Taylor. “But I know there are a […] The post AG Taylor Announces Settlement in 23andMe Bankruptc…
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