Breaking news

Regeneron Acquires 23andMe in Bankruptcy Auction for $256 Million

by News Editor

May 19, 2025

Regeneron Pharmaceuticals has strategically acquired 23andMe, a genetic testing company, in a bankruptcy auction for $256 million. The purchase aims to blend pharmaceutical expertise with genetic insights, unlocking a new chapter for scientific exploration.

Regeneron has pledged to adhere to 23andMe’s stringent privacy policies concerning customer data, presenting their intentions to a court-appointed overseer.

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The bankruptcy filing in March had raised concerns among lawmakers regarding the privacy of genetic information belonging to over 15 million customers. In response, 23andMe consented to oversight of its data management practices.

Despite the data breach in 2023 and declining demand for their testing kits, 23andMe’s integration into Regeneron aims to drive innovation. Excluding Lemonaid Health, all 23andMe units will merge with Regeneron to continue as an autonomous entity.

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SafeCY Launch: Enhancing Public Safety Through Modern Technology

by News Editor

June 15, 2025

The newly launched SafeCY application is transforming public safety in Cyprus, allowing citizens to find the nearest Civil Defense shelter in real-time. Launched by the Minister of the Interior, Konstantinos Ioannou, SafeCY is available on both the Google Play Store and the Apple App Store. This mobile application is not just a technological innovation; it is a proactive step towards enhancing the safety of Cyprus’ residents during emergencies.

Features of the SafeCY App

The app, accessible on both Android and iOS, supports both Greek and English languages, offering a user-friendly experience. Citizens can utilize GPS to find shelters based on their current location or search by address and postal code. Furthermore, the app integrates vital guidelines and information to ensure comprehensive awareness and preparation.

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Strengthening Emergency Response

SafeCY is part of a broader governmental strategy to leverage modern technology in fortifying timely public warnings. Its rollout represents a significant commitment to public protection, aligning with Cyprus’ overarching goals for sustainable growth by 2028, detailed in the economic strategy.