Once valued at $6 billion, executives have yet to find a bidder for the $50 million gene testing company that has never turned a profit.

The genetic testing company has filed for bankruptcy protection and it's unclear what will happen to its massive collection of customer data.

Gene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate its sale, after years of struggling to find a sustainable business model.

The genetic testing company 23andMe is filing for bankruptcy and looking for a new buyer. The company announced the move after losing millions of dollars over the last several quarters.

Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future of their data.

Genetic testing company 23andMe filed for Chapter 11 bankruptcy protection to help the $50 million company sell itself, the company announced Sunday. 23andMe's saliva-based kits have been helping ...

The company said it will look to sell “substantially all of its assets” through a court-approved reorganization plan.

23andMe, a formerly high-flying genetic testing company, announced Sunday that it was declaring bankruptcy and that it would seek a buyer. The company also said CEO and co-founder Anne Wojcicki is ...

NEW YORK (AP) — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.