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Discredited Blood Testing Company Theranos Shuts Down Facilities, Fires 40 Percent of Its Staff 

Blood testing startup Theranos announced Wednesday that it’s shutting down its blood testing facilities and laying off more than 40 percent of its staff, the Wall Street Journal reports. The move comes after reports that Theranos’ patenting blood-testing technology is, in fact, extremely inaccurate, and after the company’s founder Elizabeth Holmes was banned from running a lab for two years.
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