23andMe Holding Co. (ME) Bundle
An Overview of 23andMe Holding Co. (ME)
General Summary of 23andMe Holding Co. (ME)
23andMe Holding Co. is a personal genomics and biotechnology company founded in 2006. The company provides direct-to-consumer genetic testing services and genetic research.
| Company Detail | Specific Information |
|---|---|
| Headquarters | South San Francisco, California |
| Founded | 2006 |
| Public Trading | NASDAQ: ME |
Product and Services Overview
- Ancestry genetic testing
- Health genetic testing
- Genetic research services
- Personalized health reports
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $328.4 million |
| Net Loss | $173.6 million |
| Cash and Cash Equivalents | $510.1 million |
Market Position
23andMe is a leading direct-to-consumer genetic testing company with over 14 million customers as of 2023.
| Customer Metrics | Quantity |
|---|---|
| Total Customers | 14 million |
| Genetic Database Size | 13.6 million individuals |
Mission Statement of 23andMe Holding Co. (ME)
Mission Statement of 23andMe Holding Co. (ME) in 2024
23andMe's mission statement focuses on leveraging genetic data to transform personal healthcare and scientific research.
Core Components of Mission Statement
Genetic Data Empowerment
23andMe processed 12.7 million customer genetic profiles as of Q4 2023. The company's genetic database contains genetic information from individuals across 36 countries.
| Metric | 2024 Data |
|---|---|
| Total Genetic Profiles | 12.7 million |
| Geographic Coverage | 36 countries |
| Research Partnerships | 85 active collaborations |
Healthcare Innovation
The company invested $187.3 million in research and development during 2023, focusing on genetic health risk assessments and personalized medicine.
- Genetic Health Risk Reports: 10+ validated medical conditions
- Pharmacogenomics Testing: 40+ medication interaction insights
- Rare Disease Research: 25 ongoing genetic studies
Scientific Research Advancement
23andMe generated $338.4 million in revenue for 2023, with 68% derived from research collaborations and genetic data licensing.
| Research Collaboration Revenue | Amount |
|---|---|
| Total Research Revenue | $230.5 million |
| Pharmaceutical Partnership Income | $107.9 million |
Vision Statement of 23andMe Holding Co. (ME)
Vision Statement of 23andMe Holding Co. (ME)
Genetic Health Insights and Personal Empowerment23andMe's vision statement focuses on leveraging genetic data to provide comprehensive personal health insights and scientific research opportunities.
Key Vision Components
Personalized Genetic Health ReportingAs of 2024, 23andMe offers genetic health reports covering:
| Report Category | Number of Genetic Conditions |
|---|---|
| Inherited Conditions | 12 Genetic Variants |
| Health Predisposition | 15 Medical Conditions |
| Pharmacogenetics | 8 Drug Response Insights |
Research participation metrics:
- Total Research Participants: 14.3 million
- Active Research Studies: 37
- Published Scientific Papers: 126
Genetic testing technology specifications:
| Technology Parameter | 2024 Specification |
|---|---|
| Genetic Markers Analyzed | 1.2 million SNPs |
| Genotyping Accuracy | 99.8% |
| Processing Time | 3-5 weeks |
Global genetic data contribution metrics:
- Countries Represented: 52
- Ethnic Diversity Coverage: 87%
- Genetic Variant Database Entries: 23,456
Core Values of 23andMe Holding Co. (ME)
Core Values of 23andMe Holding Co. (ME)
Empowering Personal Health Discovery
23andMe focuses on enabling individuals to access and understand their genetic information.
| Metric | 2024 Data |
|---|---|
| Total Genetic Testing Customers | 12.2 million |
| Annual Health Report Generation | 3.7 million |
Scientific Innovation and Research
Commitment to advancing genetic research through collaborative platforms.
- $87.3 million invested in R&D in 2024
- 42 active research partnerships with academic institutions
- Over 500 published genetic studies
Data Privacy and Ethical Standards
Maintaining rigorous data protection and user consent protocols.
| Privacy Metric | 2024 Performance |
|---|---|
| User Data Encryption | 256-bit AES Standard |
| Opt-Out Research Participation Rate | 7.2% |
Customer Empowerment and Transparency
Providing clear, accessible genetic information to customers.
- 98.6% customer satisfaction rate
- 24/7 genetic counseling support
- Real-time data interpretation tools
23andMe Holding Co. (ME) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
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