23andMe Holding (ME) Stock Analysis
NASDAQHealthcareMedical - Diagnostics & Research
What 23andMe Holding does
23andMe Holding Co. is a prominent direct-to-consumer genetic testing firm, structured around two primary business units: Consumer & Research Services and Therapeutics. Through its Consumer & Research Services division, the company provides individuals with a comprehensive suite of genetic reports, derived from a simple saliva sample collected via their proprietary kit. These reports offer insights into customers' genetic ancestral origins, predispositions to certain personal health risks, the likelihood of being a carrier for rare conditions that could be passed to offspring, and how their genetic makeup might influence responses to various medications. The Therapeutics segment is dedicated to pharmaceutical research and development, focusing on the discovery and advancement of novel treatments aimed at improving patient well-being across diverse medical fields, including oncology, respiratory, and cardiovascular diseases. This segment also engages in the out-licensing of intellectual property associated with identified drug targets that are progressing through clinical development. 23andMe maintains a strategic partnership with GlaxoSmithKline Intellectual Property (No.3) Limited, leveraging genetic insights to validate, develop, and ultimately commercialize new pharmaceutical products. Established in 2006, the company's corporate headquarters are situated in South San Francisco, California.
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Frequently asked questions
- What is the ticker symbol for 23andMe Holding?
- 23andMe Holding trades under the ticker ME on NASDAQ.
- Which exchange is ME listed on?
- ME is listed on NASDAQ.
- What sector does 23andMe Holding operate in?
- 23andMe Holding is classified in the Healthcare sector (Medical - Diagnostics & Research industry).
- How can PortView help analyze ME in a portfolio?
- PortView shows ME's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.
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