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Posted on 05/20/2025 10:17:14 AM PDT by DFG
Regeneron Pharmaceuticals has announced a plan to acquire the bankrupt genetic testing company 23andMe for $256 million, raising privacy concerns as the pharmaceutical giant will gain access to the genetic data of over 15 million customers.
The New York Post reports that Regeneron Pharmaceuticals has seized the opportunity to acquire the once-thriving genetic testing company 23andMe, which recently filed for bankruptcy. The $256 million deal will grant Regeneron access to 23andMe’s extensive collection of genetic samples and data, encompassing the personal information of more than 15 million customers. This acquisition has raised significant concerns among privacy advocates and customers who had willingly provided their genetic information to 23andMe under different ownership and circumstances.
According to the announcement made by Regeneron, the acquisition will include 23andMe’s Personal Genome Service, Total Health and Research Services, and its substantial biobank. The pharmaceutical company has assured that all of 23andMe’s genetic testing services will continue without interruption, and the deal is expected to be finalized in the third quarter of 2025, pending necessary approvals from the bankruptcy court and regulatory authorities.
To address the privacy concerns surrounding the acquisition, Regeneron has pledged to adhere to 23andMe’s existing consumer-privacy rules. The company has also committed to working with a court-appointed ombudsman who will investigate the matter to ensure the protection of customer data. Aris Baras, head of Regeneron’s genetics center, stated, “We assure 23andMe customers that we are committed to protecting the 23andMe dataset with our high standards of data privacy, security and ethical oversight and will advance its full potential to improve human health.”
(Excerpt) Read more at breitbart.com ...
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Now WHY do they want this company?
Regeneron Pharmaceuticals is a major pharmaceutical company that has a significant presence in China, both through its own initiatives and collaborations with other companies.
Specifically, Regeneron has been working with Sanofi to develop and market the drug Dupixent (dupilumab) for various conditions, including COPD, and Dupixent has been approved for use in China for this purpose.
Regeneron’s China Activities:
Dupixent (Dupilumab):
Regeneron and Sanofi jointly developed and market Dupixent, a medication used for conditions like COPD, asthma, and atopic dermatitis.
Dupixent has been approved in China for the treatment of uncontrolled COPD in adults with raised blood eosinophils, making it the first biologic medicine for COPD in China, according to GlobeNewswire.
Chickensoup wrote: “Now WHY do they want this company?””
To make a profit?
Don’t worry about any DNA you might have sent to 23, its safely stored where it was tested and analysised - in PLA vaults in China
No problem. Big pharma has proved beyond a shadow of a doubt that they can be trusted. I mean, what harm could they possibly do with the DNA of millions of people? I mean, aside from custom-designing viruses to kill one specific person, cloning people without their consent, or a billion other nefarious prospects. But other than that?
Regeneron Pharmaceuticals is a major pharmaceutical company that has a significant presence in China, both through its own initiatives and collaborations with other companies.
—
And they are likely working with the PLA on the next Super-Weapon toward which the Chinese spend billions every year to develop: a genetic virus that targets everyone except Han Chinese, with the aim of getting rid of the inferior races.
You were warned and anybody that did this is foolish.
Doing what?
“To make a profit?”
So do cocaine dealers, so what’s your point?
Hard for me to feel sorry for anyone on this. Repeatedly, shouting in the wilderness only to be ignored.
I don’t either.
Yep, was never tempted to do this DNA “investigation.” I knew my parents and grandparents. They knew there grandparents. Whatever happened many moons ago does not change much.
My first blessing was to be born in the Greatest Nation On God’s Green Earth. My six brothers and sisters and I did not have much growing up, but we had each other.
The DNA I inherited allowed me to work and pay for school. After many years of practice, I reached 100 miles a day on my bicycle. Saved up money and went to the school in Spain.
Whatever, whoever my ancestors were and did to eventually reach America - God bless them!
CodeToad wrote: “So do cocaine dealers, so what’s your point?”
What’s you point in comparing legitimate businesses with cocaine dealers?
What’s your point claiming what they are doing is legitimate?
You know they’re up to know good.
“To make a profit?”
Partners with the CCP. Fine people.
To address the privacy concerns surrounding the acquisition.
I often wondered if my blood tests the doctor asks for end up there.
4 tubes seems like a lot to me for their need of a test?.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ?.
If I ever invested in a pharmaceutical company, it would be one that has made a breakthrough in anti-paranoia meds.
dljordan wrote: “Partners with the CCP. Fine people.”
Name three companies that don’t do business in China.
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