May 12, 2025
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23andMe, the DNA company that detects your ‘real’ race with a mouthful of saliva, is going bankrupt: what will happen to the DNA of the millions of people collected?

  • October 21, 2024
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We first heard of it in 2006, and it performs detailed DNA analyzes with just a simple saliva test and aims to use these analyzes to determine the

23andMe, the DNA company that detects your ‘real’ race with a mouthful of saliva, is going bankrupt: what will happen to the DNA of the millions of people collected?

We first heard of it in 2006, and it performs detailed DNA analyzes with just a simple saliva test and aims to use these analyzes to determine the origins of breeds. 23andI The said company was on the verge of bankruptcy. This situation; DNA samples collected so far is in danger got me thinking. So what happens next?

23andMe, which caused great excitement upon its inception, was described by Time Magazine as “Invention of the yearaward. The company, which at the time sold a simple kit for $999, wanted consumers to spit in this kit and return it to themselves. According to the company’s statement, to this day more than 14 million peoplehad a saliva test for DNA analysis. However, financial problems made the system unsustainable.

What happens to the DNA data of 14 million people?

23andMe is going bankrupt

The person who made a statement on this topic was Anne Wojcicki, CEO of 23andMe. To customer privacy that they will remain faithful Wojcicki stated that they will continue to adhere to their current privacy policy after the bankruptcy. Under the company’s current policy, DNA samples are not shared with third parties. not shared. At least, as far as we know…

Why did 23andMe go bankrupt?

One of the reasons that led to 23andMe going bankrupt was an incident that happened last year. it was a data breach. As part of this incident, the data of approximately 7 million users was leaked. Moreover, the company’s shares also hit rock bottom. In fact, the company’s value has increased since its peak more than 97 percent showed a decrease. When it did, the inevitable end of the company came knocking on the door.

Source: Web Tekno

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