DNA testing company 23andMe files for bankruptcy protection
Genetic testing company 23andMe will attempt to sell itself under supervision of a court after filing for Chapter 11 bankruptcy protection. The company, which never turned a profit, cut about 40% of its workforce in recent months. Officials say the company plans to operate through the sales process.
Genetic testing company 23andMe will attempt to sell itself under supervision of a court after filing for Chapter 11 bankruptcy protection. The company, which never turned a profit, cut about 40% of its workforce in recent months. Officials say the company plans to operate through the sales process.
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