Prospects of genetic knowledge outfit 23andMe could also be at better threat than they notice, suggests a New York Occasions story that argues the corporate’s woes might be short-lived in comparison with the longer-term threats probably going through these roughly 15 million individuals if 23andMe can’t proceed as a going concern.
Definitely, with every passing day, the hope of founder and CEO Anne Wojcicki to show round 23andMe appears additional out of attain. The corporate, valued at $6 billion when it went public in 2021, is now valued at $150 million. It’s poised to be delisted subsequent month. Press tales aren’t serving to. (Would you purchase a equipment?)
The corporate says it stays dedicated to “comply with legal guidelines that regulate the information we gather,” but when in some unspecified time in the future very quickly it might probably’t, that’s worrisome, says a Yale biomedical professor who notes to the Occasions that hacked bank cards will be changed; a genome can not. In the meantime, he says, the tech that analyzes genomes is advancing. Likelihood is it should grow to be extra revealing, too.