Category archives: Theranos

“While we are disappointed by CMS’ decision, we take these matters very seriously and are committed to fully resolving all outstanding issues,” Holmes said in a statement.

Theranos was once praised for its fast, less-invasive blood testing technology, but the company has found itself in the spotlight after media reports raised questions about the accuracy of its proprietary tests.

Adam McKay will direct the upcoming medical drama based on the blood-testing company.

The company has suffered a series of blows, which began with a high-profile exposé from The Wall Street Journal last year that called the company’s underlying technology into question.

‘We’ve taken comprehensive corrective measures to address the issues CMS raised in their observations,’ a company spokesperson said.

Ramesh ‘Sunny’ Balwani has long been a key figure at the company and one of the closest confidants of the company’s founder and CEO, Elizabeth Holmes.

When startups fail, founders don’t get an ‘A’ for effort. That’s not how it works in the real world — certainly not when lives are at stake.

Government says the company failed to fix deficiencies at its California laboratory.