23andMe bought by Regeneron in court auction

image via Engadget

May 19, 2025, 5:40 PM

• •Regeneron acquired 23andMe for $256 million.
• •23andMe's mission of helping people access, understand and gain health benefits through greater understanding of the human genome will continue.
• •Regeneron ensures the safety and integrity of 23andMe customer's data.
• •23andMe had a dramatic fall in recent years, including a data breach in 2023 and layoffs.

After declaring bankruptcy, 23andMe has been acquired by Regeneron for $256 million. The acquisition allows 23andMe to continue its mission to help people understand their genome. Regeneron will maintain the high standards for safety and integrity of customer's data. The future of 23andMe remains to be seen, as the company faced challenges including a data breach and layoffs.

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