GUEST: Theranos, once Silicon Valley’s sexiest startup, recently announced plans to shut down its blood-test facilities and lay off almost half its workers. But that shouldn’t mean the premise of Theranos is flawed. In fact, CEO Elizabeth Holmes’ vision — to remove the friction in blood diagnostics — is bang on the money. For all involved, […]
Theranos, a onetime star Silicon Valley startup focused on health technology, is closing its consumer blood-testing facilities amid its struggles with US regulators.
The hot startup has stopped collecting tiny vials of blood drawn from finger pricks for all but one of its tests, backing away from a method the company has touted as it rose to become one of Silicon Valley’s hottest startups.
The real-life drama of Silicon Valley blood testing startup Theranos has inspired a movie. Superstar actress Jennifer Lawrence has reportedly agreed to portray founder and CEO Elizabeth Holmes in the as-yet untitled film.
In 2014, medical testing startup Theranos was valued at $9 billion after having developed a revolutionary blood test that only required a single drop per sample. After its results were found to be inaccurate, the company faced sanct...