Name | Value |
---|---|
Revenues | 44.1M |
Cost of Revenue | 21.7M |
Gross Profit | 22.4M |
Operating Expense | 83.6M |
Operating I/L | -61.2M |
Other Income/Expense | 2.0M |
Interest Income | 2.0M |
Pretax | -59.1M |
Income Tax Expense | -0.0M |
Net Income/Loss | -59.1M |
23andMe Holding Co. operates as a consumer genetics testing company, offering genetic reports on ancestral origins, health risks, and carrier conditions. Its saliva-based genetic testing kit provides insights into medication responses. The company also focuses on drug development and therapies for oncology, respiratory, and cardiovascular diseases. Additionally, it engages in out-licensing of intellectual property related to drug targets. Through a collaboration with GlaxoSmithKline, it validates, develops, and commercializes drugs based on genetic insights. The company generates revenue through consumer genetic testing services and drug development activities.