23andMe Expects Multiple Bids for Genetic Data, Lawyer Says

May 6, 2025, 7:17 PM UTC

Multiple bidders are likely to submit offers for the DNA data bank and other assets of bankrupt genetic-testing firm 23andMe, according to a lawyer for the company.

Although 23andMe was unable to land a lead bidder willing to make a binding offer, attorney Christopher Hopkins said during a Tuesday court hearing that the firm expects to go forward with an auction because of the “robust” interest it has received so far. “Our expectation is that we will receive multiple competitive bids by tomorrow’s deadline,” he told US Bankruptcy Judge Brian C. Walsh.

The company negotiated with potential buyers regarding ...

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