Substantially all assets of 23andMe Holding Co. (about 13 million customers' genetic and other personal data, laboratory, brand), Regeneron Pharmaceuticals' bid that won the three-day May 2025 auction (seven bidders, opening bid $52 million) and was later topped
$256 million per bid for substantially all assets of one company (whole-business bundle)
Dated May 2025Source checked 19 Oct 2026Page out of reach at the last check, 21 Oct 2026Basis: docket
In the source's own words
“The Debtors held a three-day auction beginning on May 14, with seven bidders participating and an opening bid of $52 million (Walper Decl. ¶ 13). At the conclusion of the auction, the Special Committee selected Regeneron as the successful bidder, with a bid of $256 million”
Where it was read
Also read from the same source
- Substantially all assets of 23andMe Holding Co. (direct-to-consumer genetic testing business, about 13 million customers, genetic and other personal data, medical research programme), sold to TTAM Research Institute in Chapter 11 under section 363. The price is for the whole business, not the data alone.
- At the June 2025 sale hearing 23andMe had about 13 million customers, and more than 80% of them had chosen to take part in its medical-research programmes.
- Treat the first bid on a distressed data asset as a floor and insist on an open auction
- In re 23andMe Holding Co.: memorandum opinion approving the sale to TTAM Research Institute (June 27, 2025) (In re 23andMe Holding Co., et al., No. 25-40976-357 (Bankr. E.D. Mo.), Memorandum Opinion, ECF No. 908 (June 27, 2025))
- In re 23andMe Holding Co.: section 363(b)(1) does not let a debtor ignore state data-transfer laws (June 27, 2025) (In re 23andMe Holding Co., et al., No. 25-40976-357 (Bankr. E.D. Mo.), Memorandum Opinion, ECF No. 908 (June 27, 2025))
- In re 23andMe Holding Co.: which privacy policy counts under section 363(b)(1) (June 27, 2025) (In re 23andMe Holding Co., et al., No. 25-40976-357 (Bankr. E.D. Mo.), Memorandum Opinion, ECF No. 908 (June 27, 2025))
What it is about
Figures it counts in
- $151M to $256M per contractCompany records, offered to holders, per contract