Theranos Junks Two Years of Results
Troubled biotech firm Theranos Inc. has reportedly told regulators that two years of results from its blood-testing machines have been voided, meaning that tens of thousands of patients could have been given incorrect results.
The company and its founder Elizabeth Holmes were once the darlings of investors, earning a valuation of $9 billion in 2014 on the back of claims that new technology in their Edison brand machines would revolutionize medical testing.