23andMe is Sold to Regeneron: What happens now?
Joyce A. Shelton, Ph.D.
Professor of Biology Emerita
Trinity International University
The direct to consumer genetic testing company 23andMe, has been in bankruptcy. On May19th of this year they announced that they have sold the company and all of its assets to Regeneron Pharmaceuticals for 256 million dollars. This sale means that Regeneron acquires 23andMe’s gigantic genetic databank garnered from approximately 15 million customers. Given the uniquely personal identifying information about themselves and family members that consumers share when they submit their genetic samples to companies like 23andMe, issues surrounding data security and privacy have long been a cause for ...read more
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