The board has rejected both of Anne Wojcicki’s buyout proposals to save the struggling genetics company
Seven of eight members of 23andMe’s board have resigned in yet another blow to the struggling genetics company. The CEO is now the only remaining member.
The independent directors of the genetic testing firm said in a letter posted Tuesday that they were quitting the company’s board after not receiving a satisfactory buyout offer from the CEO, Anne Wojcicki.
More Stories
Bankrupt DNA testing firm 23andMe to be purchased for $256m
AI can be more persuasive than humans in debates, scientists find
Sea level rise will cause ‘catastrophic inland migration’, scientists warn