23andMe to be acquired by co-founder's nonprofit

TechCrunch reports that 23andMe has been acquired by co-founder and former CEO Anne Wojcicki's nonprofit TTAM Research Institute for $305 million after leading U.S. biotechnology firm Regeneron Pharmaceuticals, which was initially reported to purchase the firm for $256 million, refused to challenge the bid.

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Article Link: 23andMe to be acquired by co-founder’s nonprofit | SC Media