Choppy Waters in the Gene Pool: 23andMe is Going Under
by Joyce A. Shelton, Ph.D.
Professor of Biology Emerita Trinity International University
23andMe, the personal genetic testing company is drowning. Around this time a year ago, we wrote about the massive database hack in which the genetic profiles of 6.9 million 23andMe customers were stolen and offered for sale on the internet, a severe attack on their privacy. Since then, the once thriving company has been on a steadily downward trajectory. Pretty quickly they were hit with a $30 million class action lawsuit resulting in $10,000 individual payouts to victims. Two months ago their stock was in serious trouble and their entire ...read more
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