The consumer-genomics company 23andMe just sold its biobank of customer genetic data to drugmaker Regeneron for $256 million.
Regeneron is to pay $256 million in cash to acquire “substantially all” of 23andMe’s assets, including its massive biobank of around 15 million customer genetic samples and data.
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Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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Yeah it’s weird seeing so many people dump on 23andMe users. My grandmother got to meet her biological daughter that she was forced to give up for adoption. 23andMe as a service is amazing and has been life changing for some people. And all things considered Regeneron buying them is a good thing. They’re already set up to protect sensitive patient data.
It would be an amazing thing if the people who controlled it and the rest of the world weren’t complete fucking ghouls.