Regeneron to buy bankrupt DNA testing firm 23andMe for $256 million

[Wicked Blue]

Source: CNN

Drugmaker Regeneron Pharmaceuticals will buy genetic testing firm 23andMe for $256 million through a bankruptcy auction, the companies said Monday.

Regeneron said it will comply with 23andMe’s privacy policies and applicable laws with respect to the use of customer data and that it is ready to detail its intended use of the data to a court-appointed overseer.

The bankruptcy proceedings, filed in March, had drawn scrutiny from lawmakers who warned that millions of customers’ genetic data could be sold to unscrupulous buyers.

23andMe last month agreed to allow a court-appointed overseer for the company’s handling of customers’ genetic information and its security policies during the bankruptcy.

Read more: https://www.cnn.com/2025/05/19/business/regeneron-23-and-me

[LauraInLA]

1. My husband reminded me that this company produced the antibodies Trump took when he had COVID.

[Martin68]

2. I've already deleted all may DNA info on 23 and Me.

[LudwigPastorius]

3. Regeneron

Wasn't that the name of the company that started the apocalypse in one of those zombie movies?

Hope you like your DNA being used for making brain-eating ghouls.