23andme bankruptcy files, CEO: What does this mean for you and your data

23andme, the company that has become self -testing groups as synonymous with DNA testHe is Discussing banking Amid the slowdown of sales after four years of the year. Ann WajikiWho participated in the founding of 23andme in 2006, stepped down as CEO While the company tries to find a buyer.

In January, He said 23andme She was exploring the sale options amid slowing demand for its product and the repercussions of the main data breach in 2023. In 2024, the company agreed to a financial settlement, which affected 6.9 million users. The company also announced the layoff of About 40 % of the workforce in late 2024. Recently, the company’s shares It decreased under the dollarIt is at risk of being exposed to the Nasdaq Stock Exchange.

in Note to customersThe company said that there is nothing that is currently changing about the way it is stored, managed or protects customer data and that the company is still open to business and the sale of DNA groups. “Through this process, we will seek to find a partner who shares our commitment to the customer’s data and allows our mission to help people reach the human genome and benefit from it to live in it,” the company said in its post.

At its peak, 23ndme has become the most known name in the emerging self -testing field, with users paid $ 99 for groups that gave them an insight into their genetic composition, potential and original relatives. But the company’s momentum slowed in recent years after its general offer of $ 3.5 billion in 2021.

People who used 23andme and are concerned about what might happen for their data in the sale. They have options: they can Download their information and then delete their accountAlso, ask the company to ignore their DNA as well as delete data. Doing this will use DNA information in future research, but it cannot be removed from the research that has been already done.