HOUSTON – “23andMe DNA” and “Data” are the top five searches on Google as more people are looking into the company. Additionally, “What’s going on with 23andMe,” and “23andMe controversy” top the rising searches chart.
It comes as shares of the company plummeted in recent months as all its independent directors resigned from its board in September.
Recommended Videos
MORE: 23andMe directors resign as the CEO of the genetic-testing company seeks to take it private
In a September 17 letter to the company CEO Anne Wojcicki, the resigning board members said they hadn’t received “we have yet to receive from you a fully financed, fully diligenced, actionable proposal that is in the best interests of the non-affiliated shareholders.”
The CEO in a securities filing said she was “surprised and disappointed by the decision of the directors to resign.”
SUGGESTED: ‘We may have something in common’: Gifts of DNA tests spur paternity surprises, lawsuits
Questions linger about the company’s future and what happens to the DNA data of millions of customers.
When people signed up they likely agreed to the company’s privacy policy which said if they ever sell assets, “your personal information may be accessed, sold or transferred as part of that transaction.”
SEE ALSO: 3 arrested in $142M genetic testing fraud scheme using Houston company; $7.1M in assets seized
In the securities filings, the company CEO said she believes in 23andMe’s mission,
“I continue to believe that we will be better positioned to achieve our mission and goals outside of the short-term pressures of the public markets and that taking 23andMe private will be the best opportunity for long term success.”
