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23andMe Founder Buys Back Genetic Testing Company in Second Auction

Summary by Financial Times
Anne Wojcicki pays $305mn to defeat a previous deal struck with Regeneron Pharmaceuticals

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Anne Wojcicki’s nonprofit wins bid to acquire genetic testing company 23andMe

The California-based nonprofit founded by the former 23andMe CEO is set to close the $305 million deal in coming weeks.

·Atlanta, United States
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New York, 13 Jun (EFE).- U.S. businesswoman Susan Wojcicki, one of the creators of the broken genetic testing company 23andMe, regained control this Friday by making a bid of 305 million dollars that surpassed the one recently announced by a biotech firm. Wojcicki, who is also the former deputy advisor of 23andMe, entered today into a “final round of bids” in the post-compulsory auction process with the biotechnology company Regeneron, which in …

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stocktitan.net broke the news in on Friday, June 13, 2025.
Sources are mostly out of (0)