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23andMe Files for Bankruptcy as CEO Exits
March 25, 2025
|Mint New Delhi
The genetic testing company faced uncertainty, struggling to find a profitable model since going public in 2021
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A San Francisco-based genetic testing company, 23andMe, has filed for Chapter 11 bankruptcy protection as its co-founder and CEO resigned. The firm continues its push to cut costs.
The firm announced on Sunday that it will look to sell "substantially all its assets" through a court-approved reorganization plan.
هذه القصة من طبعة March 25, 2025 من Mint New Delhi.
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