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The Independent UK
The Independent UK
National
The Associated Press

23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns

23andMe Anne Wojcicki Mark Jensen United States
23andMe-Bankruptcy - (Copyright 2024 The Associated Press. All rights reserved.)

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.

The company said Sunday that it will look to sell “substantially all of its assets” through a court-approved reorganization plan.

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