DTC Healthcare with 23andMe CEO Anne Wojcicki
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 24 April 2022
⏱️ 26 minutes
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| 0:00.0 | When I think one of our legacies hopefully will be is that 23 needs really proven that |
| 0:07.9 | complicated information can go direct to a consumer. |
| 0:11.1 | It does not have to have a one-to-one interaction with a physician. |
| 0:15.3 | I'm Chris Hill and that was Anne Wajiski, the CEO of 23 in Meet. |
| 0:22.3 | A DNA testing company that can give you personalized health insights based on your genetic information. |
| 0:28.9 | The company went public in late 2020 through a SPAC since then the stock has lost about |
| 0:34.2 | two-thirds of its value but the company is continuing to take some big swings on the |
| 0:39.1 | future of personalized medicine. |
| 0:41.8 | Motley Full contributor Brian Arrellie caught up with Wajiski to talk about the state of |
| 0:46.4 | direct to consumer health care, how she thinks about acquisitions, as well as the possibilities |
| 0:52.4 | and limits of her company's genetic tests. |
| 1:00.3 | Hello Fools, I'm Dr. Brian Arrellie, Full.com contributor and analyst for the Fools |
| 1:05.3 | Biotech Breakthrough Service and I have the great pleasure of talking with Anne Wajiski, |
| 1:10.0 | the co-founder CEO, president and director of the genetic testing company 23 in Meet. |
| 1:16.8 | Welcome Anne. |
| 1:17.8 | Thanks Brian, nice to meet you. |
| 1:19.6 | I'd like to get to all the things that you're working on in 23 in Meet because there's |
| 1:23.2 | a lot of them. |
| 1:24.4 | First let's start with the genetic test that the company started with in 2006. |
| 1:29.0 | How did you come up with the idea of going for a direct to consumer genetic test, which |
| 1:33.5 | I think was probably a little bit controversial at the time if I remember correctly? |
| 1:37.4 | It was certainly controversial. |
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