23andMe, Sir Richard Branson, & Finding Human Connection

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 5 February 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

23andMe is set to go public in a merger with a SPAC backed by Sir Richard Branson. Company co-founder and CEO Anne Wojcicki and Branson himself discuss the “delight” offered by the company’s genetic sequencing, and they look ahead to what they’re hoping is a lucrative future. In a special conversation exclusive to Squawk Pod, Joe Kernen reflects on his own family’s journey with 23andMe, including the highs and lows of finding long lost blood connections. Plus, Johnson and Johnson has asked the FDA for emergency use authorization for its vaccine, and former FDA Commissioner Dr. Scott Gottlieb says an approval could hasten the country’s herd immunity.

Transcript

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0:00.0	This is Squawk Pod. I'm C. M. D.C. producer Katie Kramer. Today on our
0:05.9	podcast, Reddit rebels back in the game. Robin Hood has removed most of its trading
0:11.1	limits on Game Stop and AMC, but play at your own risk.
0:14.8	The stock suddenly is Wiley Coyote, you know, looking down with nothing underneath it.
0:21.1	Johnson and Johnson seeking FDA emergency use authorization for its COVID vaccine.
0:26.7	That agency's former commissioner, Dr. Scott Gottlie.
0:29.3	I think we're going to have a lot of supply in the market if this does get authorized and the situation in terms of
0:34.1	availability is going to start to change quite dramatically towards the end of March.
0:39.4	And 23 and me going public through a SPAC backed by none other than Sir Richard Branson.
0:44.3	In my opinion, there's really no better way to invest your money than healthcare.
0:48.0	The financial returns can be very good, but it could also save your life or it could even save a family member's life.
0:54.6	What the genetic testing company is offering investors with CEO and Wojiski.
0:58.8	COVID has taught us the importance of prevention and what the human genome gives you is this information
1:05.6	about what your risks are. That interview and an intimate conversation with
1:10.4	our own Joe Kernan on what this technology means for us, human beings, to know who we're connected to and how.
1:16.5	One thing that not anyone realizes you are not related to anyone on the entire planet your entire life and you basically star matter.
1:25.5	And when I had my daughter, she was the first person that was actually a blood relative.
1:30.7	It's Friday, February 5th, 2021.
1:33.6	Squawk Pod begins right now.
1:36.7	Good morning everybody.
1:37.7	Welcome to Squawk Box here on C.
1:39.8	Happy Friday.
	...

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