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Wired

23andMe Is Sinking Fast. Can the Company Survive?

Wired
Summary
Nutrition label

76% Informative

23andMe has been in free fall since a major data breach last year that affected roughly half of its customers.

The company has tried to keep customers coming back with a premium service that provides more genetic reports, personalized health recommendations, and historical relative matches.

CEO Anne Wojcicki had said she would consider third -party takeover offers.

23andMe recently shut down its drug discovery unit, but it is continuing to advance the drug candidates it already has in clinical trials.

In 2021 , it acquired telehealth service Lemonaid , which started offering Ozempic, Wegovy , and compounded semaglutide in August .

Estelle Giraud , CEO and founder of Trellis Health , says the anti-obesity space is already crowded.