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 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.

The bankruptcy filing, and advice from state regulators that customers should withdraw their data from 23andMe, is almost certain to reduce that willingness. The company’s bankruptcy underscores ...

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.

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

Languages: English. Genetic testing company 23andMe has filed for bankruptcy, leaving the future of the company uncertain. The company, which maintains a database with the genetic information of ...

With Sunday’s announcement by genetic testing firm 23andMe that it has filed for bankruptcy, customers of the site may be wondering what will happen to their data and what, if anything, they can or ...

NEW YORK — 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. San Francisco ...

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, but what does that mean ...

In the wake of this breach, 23andMe faced a costly lawsuit, which was settled in September. Shortly thereafter, the company announced layoffs affecting 40% of its workforce, a move that underscored ...

San Francisco-based 23andMe announced on Sunday that it will look to sell ‘substantially all of its assets’ through a court-approved reorganization plan ...