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Regeneron acquires bankrupt 23andMe, pledges ethical use of genetic data

Invezz Monday, 19 May 2025 ()
Regeneron Pharmaceuticals announced on Monday that it will acquire the genetic testing business and most assets of 23andMe for $256 million in cash. The transaction, which excludes 23andMe’s telehealth unit, is pending approval from a bankruptcy court, with the deal expected to close in the third quarter of 2025. The acquisition follows 23andMe’s Chapter 11 […]
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