23andMe co-founder and former CEO Anne Wojcicki is set to buy back the company after it filed for Chapter 11 bankruptcy protection earlier this year. On Friday, 23andMe and TTAM Research Institute, a nonprofit public benefit corporation run by Wojcicki, announced in a press release that TTAM would be buying “substantially all of the Company’s assets” for $305 million.
As of last month, New York-based biotech company Regeneron Pharmaceuticals was set to buy 23andMe for $256 million. But…