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23andMe Acquired for $305M Amid Privacy Controversies

7/22/2025

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Summary

Story summary

In a significant turn of events, 23andMe has been acquired by the TTAM Research Institute for $305 million, outbidding Regeneron's $265 million offer. This deal, sanctioned by U.S. Bankruptcy Judge Brian C. Walsh after 23andMe's bankruptcy in March 2025, faces opposition from several states over pressing privacy issues.

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Story summary

In a significant turn of events, 23andMe has been acquired by the TTAM Research Institute for $305 million, outbidding Regeneron's $265 million offer. This deal, sanctioned by U.S. Bankruptcy Judge Brian C. Walsh after 23andMe's bankruptcy in March 2025, faces opposition from several states over pressing privacy issues.