US News

The court allows 23andma sales to the DoPAIT led by the Co-Ma Earne Wojcicki

23andme, the depressed company for genetic tests that included a lump on this year, found another way.

A judginator has agreed to the sale of company assets and business operations in introfit leading by the Orandema and Chief Executive EXICUMIVE ONLY. The National Minister of Diagnost, Research TTAM, will pay $ 305 million as part of the agreement that will close in the next week.

The South San Francisco Company’s financial turmoil has raised the privacy concerns about what is happening in the 13 million million customers when it is sold. These worries have moved 1.9 million users to remove their accounts. Several provinces, including California, MODED to prevent the sale of 23andma data without user permission, which contrary to the birth of the formation of the structure. Unlike the password, one’s genetic data cannot be changed if it is not postponed.

Judge Brian Walsh of the US Court of Court in Eastern Missouri, St. Est. Louis, means an idea of ​​oaths, and mentally mentions can conclude that they should not be allowed in any circumstances. ”

But the proposed sales means that Wojcicki will repurchase a business that it helps. And “will improve confidential means while respecting the rights of customers to remove their accounts and data,” said the judge.

“According to my principles that people should be given the strength of choosing and being obvious about their genetic data and has the opportunity to learn about their ancestors and health risks as they wish,” Wojcicka said in a statement.

A businessman has tried to prominence the road to 23andma many times in the past. Before 23andme is included in extinction, a special company committee refused to have a Wojcicki request to take the company confidential by receiving all the highlights of the company. Company stock came in before installation on extinction. Wojcicki came down to his role as senior officials but sat on 23andma’s board.

Earlier, Marketing Tracker Reters were planned to buy 23andme. Then a jangwelfed judge has reopened bidding process to allow bid from TTAM, which offers a higher price.

The weighty controversy from anti-sales countries, Walsh noted that the 23andme privacy statement may be sold as part of the consolidation, acquisition or sale of company assets. Under the agreement, TTAM will make 23andma staff and staff and the genes disclosed in new parties, according to the completion of the court.

When it was estimated at $ 6 billion, 23andome filed a 11th chapter in March. It was founded in 2006, the company sells DNAs testing kits used by people to learn about their ancestors and their health.

The company was fighting for revenue growth because people just took a DNA test once. It also addressed privacy issues. In 2023, Hackers received personal information for 7 million customers. Some of the access information includes ancestral trees, birth and births, highlighting the risk that helps provide data to private companies.

In the Mail sent to customers after sale approved, 23ande said TTAM is committed to holding the company’s privacy policy and that customers have the right to evacuate or remove their accounts.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button