Virgin buys 23andMe #announcements


Bob Kosovsky
 

Virgin (the company that owns the airline) has purchased 23andMe:

https://virgin.com/about-virgin/virgin-group/news/23andme-to-merge-with-virgin-groups-vg-acquisition-corp

From this brief announcement it seems that Virgin's aim is to build upon
23andMe's genetic database for purposes of health rather than genealogy.



Bob Kosovsky, New York City, seeking all permutations/locations of:
KASOVSKI/Y, KASOWSKI/Y, KOSOFSKY, KOSOVSKY, KOSOWSKY, KOSOW, KOSSOVE, etc.
Slutsk: DAVIDSON, GELFAND (also Sioux City, Iowa)
Klodawa: JARET, JARETSKY, JARECKI, KOLSKY/I; Przedecz: PIFKO, PIWKO


Susana Rubin
 

What does it mean for people who bought just the genetic information but not the health information. Would they use my health information?
Thanks,
Susana Rubin
Ottawa, Canada
susanarubin@... 


Cindy Zsenai
 

Subject: Re: Virgin buys 23andMe
Does this mean those of us who have reaped such wonderful genealogical benefit from 23andMe will see less and less opportunities for research and discovery of our ancestral lines due to lessened new research by the company?
Cindy Rosenberg Zsenai 


JoAnne Goldberg
 

Since the beginning, 23andMe has made no secret of the fact that their
primary goal is partnering with biotech/bigpharma to discover targeted
therapies. (They are a local company for me, and I have had these
conversations with two of their senior scientists -- people I know
through other connections.)

Fact is, that collecting ~$100 to analyze DNA and provide customers with
ongoing access to the platform was never going to be a viable long-term
business model. If not for 80% of their customers opting to share data,
the company would be in much worse shape.
--
JoAnne Goldberg - Menlo Park, California; GEDmatch M131535
BLOCH, SEGAL, FRIDMAN, KAMINSKY, PLOTNIK/KIN -- LIthuania
GOLDSCHMIDT, HAMMERSCHLAG,HEILBRUNN, REIS(S), EDELMUTH, ROTHSCHILD, SPEI(Y)ER -- Hesse, Germany
COHEN, KAMP, HARFF, FLECK, FRÖHLICH, HAUSMANN,  DANIEL  -- Rhineland, Germany

 


Jill Whitehead
 

Virgin has diverse interests - in the UK these range from Virgin Internet (my internet provider), to Virgin Airlines, Virgin Railways, and at one time Virgin Record stores (some of these businesses are now defunct), and more besides etc, etc. Richard Branson's latest activity is to try and launch himself into space, a development from Virgin Airlines. This is a global conglomerate, so Virgin's interests would be worldwide. 

There seems to be a lot of globalization going on in the DNA world - FTDNA joining up with an Aussie company, Ancestry taking on a British Chairman in Mark Thompson etc. It would not be surprising if some of these developments were due to Covid 19 where genetic sequencing is the big thing. 50% of worldwide genetic sequencing for Covid 19 takes place in the UK at present. Covid 19 seems to be leading to a lot of changes.

Jill Whitehead, Surrey, UK


Jeremy Lichtman
 

Virgin is not precisely buying 23andme. 23andme is going public (i.e. you'll be able to buy shares), and Virgin is investing in that process.

--

Jeremy Lichtman
Toronto, Canada


JoAnne Goldberg
 

It's a little more complicated than Virgin buying 23andMe or 23andMe
going public.

Virgin has what's called a Special Purpose Acquisition Corporation
(SPAC), VG Acquisition Corp, which is already listed on the NYSE. (The
stock took a dive after the announcement.) VGAC's merger with 23andMe
will allow 23andMe to raise capital without going through a traditional
IPO process.

After the deal is complete in a few months, anyone will be able to buy
the stock; VGAC will be changing its ticker symbol to ME.
--
JoAnne Goldberg - Menlo Park, California; GEDmatch M131535
BLOCH, SEGAL, FRIDMAN, KAMINSKY, PLOTNIK/KIN -- LIthuania
GOLDSCHMIDT, HAMMERSCHLAG,HEILBRUNN, REIS(S), EDELMUTH, ROTHSCHILD, SPEI(Y)ER -- Hesse, Germany
COHEN, KAMP, HARFF, FLECK, FRÖHLICH, HAUSMANN,  DANIEL  -- Rhineland, Germany

 


Adam Cherson
 

Anyone know if it's possible to opt-out of health research uses of one's dna at 23andMe? I seem to recall that this is possible, but may have changed in the many years since I joined.
--
Adam Cherson


Nicole Heymans
 

I would recommend uploading your raw data to GedMatch, which can handle data from all platforms (23andme, Ancestry, FTDNA, MyHeritage and at least 15 others), allowing matches to be found between relatives who tested on different platforms. They also have a tool to combine several kits from the same individual into a single superkit, and many tools that are not found or outperform those on the testing platforms.

Nicole Heymans, near Brussels, Belgium