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home / news releases / GLAXF - 23andMe: Holiday Miracles Not Enough Growth Path Too Expensive


GLAXF - 23andMe: Holiday Miracles Not Enough Growth Path Too Expensive

  • 23andMe is a consumer-facing genetics testing company, one of the largest in terms of genetic databases.
  • However, there are some glaring financial risks to consider if you want to invest in the company: slow test kit growth and profitability.
  • New attempts to move towards drug development and primary care telehealth may drive revenues, it will continue to be unprofitable.
  • For these reasons, I would recommend avoiding the company.

For further details see:

23andMe: Holiday Miracles Not Enough, Growth Path Too Expensive
Stock Information

Company Name: GlaxoSmithKline Plc
Stock Symbol: GLAXF
Market: OTC
Website: gsk.com

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