As 23andMe Crumbles, It Ceases All Efforts to Develop Drugs Using DNA Data

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Futurism 13h ago

As 23andMe Crumbles, It Ceases All Efforts to Develop Drugs Using DNA Data - Futurism

Quick Summary:

In the year since its devastating hack, 23andMe has lost all of its value and most of its governing board — and somehow, things just keep getting worse for the DNA kit company.

These "strategic opportunities" may include, per the announcement, licensing or selling the drugs its therapeutics arm has discovered or is developing.

"We continue to believe in the promise shown by our clinical and preclinical stage pipeline and will continue to pursue strategic opportunities to continue their development," she said.