Non-profit run by 23andMe co-founder gets court approval to buy the genetic testing company

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Business

Anne Wojcicki's nonprofit TTAM Research Institute volition acquisition "substantially all" of San Francisco-based 23andMe's assets. The merchantability comes amid a suit filed by a fig of U.S. states that sought to artifact 23andMe from selling familial information without customers' consent.

Anne Wojcicki's TTAM Research Institute volition acquisition 'substantially all' of 23andMe's assets for $305 million

The Associated Press

· Posted: Jul 01, 2025 2:13 PM EDT | Last Updated: 6 hours ago

A motion   extracurricular  a gathering  that says 23andMe

A motion is posted successful beforehand of the 23andMe headquarters, successful February 2024 successful Sunnyvale, Calif. Anne Wojcicki's bid to bargain 23andMe, the familial investigating institution she co-founded astir 20 years ago, has received the tribunal greenish light. (Justin Sullivan/Getty Images)

Anne Wojcicki's bid to bargain 23andMe, the familial investigating institution she co-founded astir 20 years ago, has received the tribunal greenish light.

That means Wojcicki's non-profit TTAM Research Institute volition acquisition "substantially all" of San Francisco-based 23andMe's assets for $305 cardinal US (about $416 million Cdn). The transaction — which arrives much than 3 months aft 23andMe filed for Chapter 11 bankruptcy — is acceptable to officially adjacent successful the coming weeks.

"I americium thrilled that TTAM volition beryllium capable to physique connected the ngo of 23andMe to assistance radical access, recognize and payment from the quality genome," Wojcicki said successful a connection Monday. She later added that, "the aboriginal of wellness attraction belongs to each of us."

The sale, which was approved by U.S. Bankruptcy Judge Brian C. Walsh connected Friday, marks the extremity of a months-long bidding warfare betwixt TTAM and Regeneron Pharmaceuticals — a biotech institution that had antecedently agreed to bargain astir of 23andMe's assets for $256 cardinal US successful May. But Wojcicki's non-profit aboriginal topped that offer, winning the last circular of bidding held past month.

Under the deal, TTAM volition get 23andMe's signature "Personal Genome Service" provided done the company's saliva-based DNA investigating kits — arsenic good arsenic probe operations and its Lemonaid Health subsidiary, a telehealth services supplier that 23andMe antecedently planned to upwind down.

Wojcicki had worked to instrumentality 23andMe backstage for immoderate time. With the institution struggling to find a profitable concern exemplary since going nationalist successful 2021, she's maintained that it would run amended extracurricular marketplace pressures. But that endeavour proved to beryllium tumultuous — notably successful September of past year, erstwhile each of 23andMe's autarkic directors resigned from its committee citing a "clear" quality of sentiment with Wojcicki connected the company's aboriginal pursuing drawn-out negotiations.

A pistillate   with agelong  graying hairsbreadth  sits successful  beforehand   of a microphone and peers to 1  side.

23andMe laminitis Anne Wojcicki testifies during a House Oversight Committee proceeding connected privateness concerns surrounding 23andMe's bankruptcy merchantability and extortion of Americans' backstage familial data, connected Capitol Hill connected June 10, successful Washington, D.C. (Ting Shen/AFP/Getty Images)

Leading up to 23andMe's March bankruptcy filing, consequent efforts from Wojcicki to get the institution were unsuccessful. And erstwhile 23andMe filed for Chapter 11 successful precocious March, Wojcicki resigned arsenic CEO — noting astatine the clip that she was stepping down to beryllium "in the champion position" arsenic an autarkic bidder.

Now that Wojcicki's non-profit volition get 23andMe, it's unclear whether the co-founder volition measurement backmost into the CEO seat. But contempt stepping down from the apical station months ago, Wojcicki has remained connected the company's committee passim the bankruptcy process.

Beyond fiscal strains starring up to 23andMe's bankruptcy, privateness concerns related to customers' familial accusation besides emerged — dating backmost to adjacent earlier the bankruptcy process, notably with a 2023 information breach. But interest what caller ownership could mean for 23andMe users' idiosyncratic information has bubbled up successful caller months.

The familial investigating concern had astir 13 cardinal customers astatine the clip of its merchantability hearing, tribunal documents note.

WATCH | 23andMe customers urged to delete idiosyncratic data: 

23andMe customers urged to delete idiosyncratic data

Roughly 15 cardinal customers who utilized the familial investigating institution 23andMe are being urged to instrumentality steps to delete their idiosyncratic information and support their privacy. Cybersecurity experts accidental that DNA information could beryllium sold arsenic portion of a restructuring oregon merchantability aft the institution filed for bankruptcy protection.

In June, 27 states and the District of Columbia filed a suit seeking to artifact the merchantability of idiosyncratic familial information by 23andMe without lawsuit consent. And successful a memorandum sentiment outlining his support 23andMe's merchantability to TTAM connected Friday, Walsh acknowledged these states' objections to the acquisition — but that noted galore had since been resolved. Still, California, Kentucky, Tennessee, Texas, and Utah "remain actively opposed to the sale."

In a connection to Politico connected Monday, California Attorney General Rob Bonta's bureau maintained that 23andMe's merchantability "does not comply" with familial privateness instrumentality successful the authorities — and said it was "disappointed" with the court's approval, adding that it was evaluating adjacent steps.

The Associated Press reached retired to Bonta's bureau for further remark connected Tuesday.

When announcing its intended merchantability to Wojcicki's non-profit past month, 23andMe confirmed that TTAM "has affirmed its commitment" to comply with the institution privateness policies and applicable law. That means TTAM volition honour existing policies astir user data, the institution said, which includes allowing users to delete their information and "opt out" of research.

All customers volition beryllium emailed astatine slightest 2 concern days earlier the acquisition closes — with details connected TTAM's privateness commitments and instructions connected however to delete information oregon opt retired of research, 23andMe said. The institution added that TTAM volition connection customers 2 years of Experian individuality theft monitoring astatine nary cost.

23andMe reiterated those privateness policies connected Monday. And Wojcicki said: "Core to my beliefs is that individuals should beryllium empowered to person prime and transparency with respect to their familial information and person the accidental to proceed to larn astir their ancestry and wellness risks arsenic they wish."

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