MedCity News March 24, 2025
A month before 23andMe’s bankruptcy filing, CEO Anne Wojcicki had a fully financed proposal to take the genetic testing company private. The financing fell apart, and a series of alternative proposals by Wojcicki did not result in a deal.
23andMe CEO Anne Wojcicki has been trying to take the DNA testing company private this past year, making clear along the way that she would oppose any deal to sell the business to someone else. Wojcicki later softened her opposition, but that didn’t stop her from trying to buy the company she co-founded. A flurry of new proposals from Wojcicki over the past month failed to win over the company’s board of directors. Now 23andMe is preparing to sell its assets...
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