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23andMe’s future prompts extra worries, as genomic information evaluation improves

admin by admin
October 6, 2024
in Business
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23andMe’s future prompts extra worries, as genomic information evaluation improves
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Clients of genetic information outfit 23andMe could also be at higher danger than they notice, suggests a New York Occasions story that argues the corporate’s woes may very well be short-lived in comparison with the longer-term threats probably dealing with these roughly 15 million folks if 23andMe can’t proceed as a going concern.

Actually, 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 “observe legal guidelines that regulate the info we accumulate,” but when in some unspecified time in the future very quickly it may possibly’t, that is worrisome, says a Yale biomedical professor who notes to the Occasions that hacked bank cards may be changed; a genome can’t. In the meantime, he says, the tech that analyzes genomes is advancing. Likelihood is it should change into extra revealing, too.



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