23andMe files for Chapter 11 bankruptcy, CEO steps down

From Yahoo Finance: 2025-03-24 09:31:00

23andMe, a leading genetics and biotechnology company, has filed for Chapter 11 Bankruptcy. The company announced this move on March 23, seeking court approval to sell its assets. CEO Anne Wojcicki also resigned on the same day, replaced by CFO Joe Selsavage. The company’s stock dropped by 46% following the announcement.



Read more at Yahoo Finance: 23andMe files for Chapter 11 bankruptcy, CEO steps down