23andMe chapter is unhealthy for everybody
How did 23andMe go bankrupt?
The identical method chapter was described by Ernest Hemingway in 1926: “Two methods: Step by step, after which abruptly.”
Since its founding in 2006, the corporate, which aimed to offer shoppers entry to their genetic info, confronted what appeared like one killing blow after one other: questions of whether or not its enterprise was moral, the Meals and Drug Administration blocking the sale of its assessments, and, final yr, a cyberattack through which hackers gained entry to the information of 7 million of its prospects. However, ultimately, it was buyers rising impatient with its enterprise and bidding down its inventory over the previous yr the lastly led 23andMe to file for Chapter 11 safety.
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