Learn English: Regeneron's 23andMe Takeover: A Big Deal (normal)

3 days, 17 hours ago

Regeneron's 23andMe Takeover: A Big Deal

Regeneron Pharmaceuticals, a major biotech firm, successfully acquired 23andMe in a $256 million deal.

This follows 23andMe's bankruptcy, raising concerns about the future of its genetic testing services.

The acquisition includes nearly all of 23andMe's assets, and DNA testing will continue as before.

Regeneron emphasizes its commitment to user privacy, ensuring compliance with data protection laws.

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Source

Original: NY Times (Business)

Tags

#23andMe #Regeneron Pharmaceuticals #DNA testing #Biotechnology #Acquisition

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