The popular DNA test company, 23andme, applied for bankruptcy protection and announced that co -founder and CEO, Anne Wojcicki, resigned with an immediate effect.
The company will now try to sell it yourself under the supervision of the court.
23andme Said in the press release We plan to continue to operate throughout the sales process and “there is no change in the way the company stores, manages or protects customer data.”
On Friday, California, a 23andme, announced the company’s warnings to delete the data from the site when the company’s “reported financial pain” is given.
The 23andme saliva -based test kit was once congratulated among customers and investors and helped to increase the company’s value to $ 6 billion (£ 4.6 billion).
But it did Struggling for survival.
Founded in 2006, the company was released in 2021 but never profitable.
In September, the company solved a lawsuit in 2023 that it did not protect the protection of almost 7 million customers who were exposed to data in the data violation.
In some cases, the hacker was able to access the household map, birth period and geographical position using the old password of the customer. According to the company, the stolen data did not include DNA records.
2 months after the agreement 200 employees have been cut40%of the workforce.
23andme said that financial officer Joe Selsavage would be acquired as a temporary chief executive.
Wojcicki will continue to work as a member of the board of directors.
She tried to take the company privately, but was not open to the acquisition of other companies.
23andme-At one time, famous approval such as Oprah Winfrey, EVA Longoria and Snoop Dogg had a hard time reducing the business model.
Customers had no return after paying the DNA report, and the effort to start subscription service was found to fail.
Efforts to use large -scale data to move to drug development were also shaken.
Director of all companies except MS WOJCICKI Resigned Last summer, in the letter, they said they were terminated after not receiving a satisfactory purchase offer.
