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Recently, Regeneron ( REGN -1.41%) entered an agreement to acquire 23andMe for $256 million, which is a tiny fraction of its ...
Regeneron will acquire 23andMe’s core assets for $256 million, ensuring customer data privacy and continuing the mission of ...
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The move marks a turning point in 23andMe’s tumultuous decline. Founded in 2006 by Wojcicki, the company initially gained traction with its saliva-based ancestry kits and went public in 2021. By the ...
The founder of 23andMe has asked a federal bankruptcy court judge to reopen an auction for the genetic testing company, ...
Regneron stock crashed today following disappointing COPD trials data. Here's what makes REGN shares worth buying on the ...
That policy is clear: “If we are involved in a bankruptcy, merger, acquisition ... Indeed, as part of the sale, Regeneron says it will comply with 23andMe’s existing privacy policies and ...
On May 19, Regeneron agreed to acquire 23andMe for $256 million. The potential acquisition is still subject to bankruptcy court approval. At its peak, 23andMe's market value swelled to $5.8 billion.