23andMe has filed for bankruptcy. What could happen to users’ genetic data?
(NEW YORK) -- Over the weekend, genetic testing and biotechnology company 23andMe filed for Chapter 11 bankruptcy.Founded in 2006, the company became popular with millions of Americans who sent in samples of saliva with the promise of learning about their ancestry and genetic health predispositions.However, following a class-action settlement from a data breach, the resignation of the entire board of independent directors, layoffs and its drug development division closure, the firm has experienced business troubles […]