Advertisement
Advertisement
Notes
Example Sentences
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had filed for Chapter 11 bankruptcy protection.
Formed to offer genetic testing services directly to consumers, who spit into a receptacle and mailed it to the company for DNA analysis, its founders included Anne Wojcicki, who was married to Google co-founder Sergei Brin at the time.
Those cautionary words didn’t keep direct-to-consumer genetic testing from becoming something of a craze, bolstered by publicity about celebrities responding to genetic indicators.
Shares in genetic testing firm 23andMe dropped Monday after the company declared bankruptcy and California reminded consumers of their right to have their data deleted.
The company, founded in San Francisco 2006, and having served 15 million individuals to-date, is one of a handful of genetic testing businesses whose customers mail in a cotton swab of their saliva.
Advertisement
Advertisement
Advertisement
Advertisement
Browse