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Privacy Concerns: 23andMe Restructures as Nonprofit with Acquisition by TTAM Research Institute - USA Herald

Summary by USA Herald
The sale of 23andMe has been finalized, transforming the once-public genetics company into a nonprofit under the leadership of its cofounder, Anne Wojcicki.  The deal—approved by U.S. Bankruptcy Judge Brian C. Walsh—marks the end of a months-long bidding war following 23andMe’s bankruptcy filing in March 2025. TTAM Outbids Regeneron in $305 Million Deal Biotech firm Regeneron Pharmaceuticals had previously bid $265 million to acquire the company…
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USA Herald broke the news in on Tuesday, July 22, 2025.
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