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Ttam Research Institute

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23andMe sale approved amid legal and ethical concerns over genetic data

Originally Published 6 months ago — by Politico

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Source: Politico

California Attorney General Rob Bonta claims that 23andMe's recent bankruptcy sale of genetic data to TTAM Research Institute does not comply with state privacy laws, specifically the Genetic Information Privacy Act, and is considering further legal action despite court approval of the sale.

Anne Wojcicki Acquires 23andMe in $305 Million Deal

Originally Published 7 months ago — by GlobeNewswire

Featured image for Anne Wojcicki Acquires 23andMe in $305 Million Deal
Source: GlobeNewswire

23andMe has agreed to sell its assets, including its genetic testing and research services, to TTAM Research Institute for $305 million, following a court-approved bidding process that included a backup bid from Regeneron. TTAM commits to maintaining privacy policies, enhancing consumer protections, and continuing scientific research, with the transaction subject to court approval scheduled for June 17, 2025.