The Ups and Downs of the Theranos Saga

Written by scottdclary | Published 2021/09/23
Tech Story Tags: theranos | startups | medical-technology | fraud | silicon-valley | elizabeth-holmes | investors | hackernoon-top-story

TLDR Theranos claimed to be able to conduct a multitude of tests with only a few drops of blood. This was all said to be possible through Theranos’ “invention,” the Edison, up to 200 tests can be performed using only a small amount of blood. This would have carved a new practice in the healthcare industry. This attracted a lot of attention: from media hype, investors, and business partners. Theranos was secretive, not only with its technology but also with how the company worked. By claiming Theranos could not say how exactly their blood testing works, partners got into agreements where they took Theranos' word for it.via the TL;DR App

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Written by scottdclary | Host of The Success Story Podcast. I write a newsletter to 321,000 people. newsletter.scottdclary.com
Published by HackerNoon on 2021/09/23