27 states, DC, sue 23andMe over sale of DNA data, NY Times reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2025
0mins
Lawsuit Against 23andMe: 27 states and Washington, DC are suing genetic testing company 23andMe to prevent the sale of customer DNA data without explicit consent, arguing that such data is highly sensitive.
Bankruptcy and Acquisition: 23andMe filed for bankruptcy in March and is set to be acquired by Regeneron Pharmaceuticals for $256 million, as noted in the lawsuit.
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Analyst Views on REGN
Wall Street analysts forecast REGN stock price to rise
22 Analyst Rating
16 Buy
6 Hold
0 Sell
Moderate Buy
Current: 607.930
Low
637.00
Averages
808.50
High
1057
Current: 607.930
Low
637.00
Averages
808.50
High
1057
About REGN
Regeneron Pharmaceuticals, Inc. is a fully integrated biotechnology company. The Company invents, develops, manufactures, and commercializes medicines for people with serious diseases. Its products and product candidates in development are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases, and rare diseases. The Company is accelerating drug development using its proprietary technologies, such as VelociSuite, which produces optimized fully human antibodies and new classes of bispecific antibodies. VelociSuite consists of VelocImmune, VelociGene, VelociMouse, VelociMab, Veloci-Bi, VelociT, VelociHum, and other related technologies. Its marketed products include EYLEA (aflibercept); Dupixent (dupilumab); Libtayo (cemiplimab); Ordspono (odronextamab); Kevzara (sarilumab); Itepekimab; Lynozyfic, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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