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Fortune

Chris Morris

Nonprofit run by former CEO Anne Wojcicki wins bid to acquire 23andMe for $305 million

Anne Wojcicki 23andMe Fortune

(Credit: Andrew Harnik/Getty Images)

A nonprofit run by Anne Wojcicki, the cofounder and former CEO of 23andme, has agreed to buy the genetic testing company for $305 million. Wojcicki’s return is likely to spark lawsuits. The nonprofit, TTAM Research Institute, says it will comply with 23andme’s privacy policies.

The swift and sudden fall—and attempted rebirth—of genetic-testing company 23andme has taken a final twist. A nonprofit run by Anne Wojcicki, the co-founder and former CEO of the company, has reached an agreement to buy the company, with a $305 million offer.

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