Wall Of shame : New site feature: Episode 1: Theranos
Theranos is one of those that literally put lives at risk.If you don't know how Theranos is they claimed to have invented a "minilab" device the size of a desktop PC that claimed to do hundreds of blood tests from a few drops of blood from a finger prick vs 2-3 vials intervenously.
The reality is the device could barely do a dozen tests properly with not much accuracy and the machines would break down, get blood everywhere, contaminate samples, etc.
The company got deal with wallgreens to have "wellness centers" with the machines. They ended up not working, and millions of test results were voided. Peoples lives were at risk because the tests weren't conducted properly and would give erroneous results.
They got a buncha celeb board members from govt officials, and everyone but any legit medical scientists on purpose because Elizabeth Holmes, CEO of Theranos knew that if they did there would be lots of doubt and demand to fix the machines she couldn't be asked to change. She had powers of presuasion that manipulated everyone into her lie and put lives at risk in the process.
She drove the only legit higher position person to literal suicide and he tried to help her and she refused and drove him to do that. Also any tests that were good she ran on typical Seimens machines using the standard intervenous process that current hospitals use in their labs in AZ and newark,ca.
Her company now is gone and she faces 20+ years in prison. Good riddance. Hope people sue her and "Sunny" balwani to the ground.
The following video explains it very well in a decent timeframe. Please give that a watch!
I recommend getting some snacks and clicking the fullscreen icon and sitting back and both raging and LOLing at the very first feature on my new "Wall Of Shame"!!! ;-)
The reality is the device could barely do a dozen tests properly with not much accuracy and the machines would break down, get blood everywhere, contaminate samples, etc.
The company got deal with wallgreens to have "wellness centers" with the machines. They ended up not working, and millions of test results were voided. Peoples lives were at risk because the tests weren't conducted properly and would give erroneous results.
They got a buncha celeb board members from govt officials, and everyone but any legit medical scientists on purpose because Elizabeth Holmes, CEO of Theranos knew that if they did there would be lots of doubt and demand to fix the machines she couldn't be asked to change. She had powers of presuasion that manipulated everyone into her lie and put lives at risk in the process.
She drove the only legit higher position person to literal suicide and he tried to help her and she refused and drove him to do that. Also any tests that were good she ran on typical Seimens machines using the standard intervenous process that current hospitals use in their labs in AZ and newark,ca.
Her company now is gone and she faces 20+ years in prison. Good riddance. Hope people sue her and "Sunny" balwani to the ground.
The following video explains it very well in a decent timeframe. Please give that a watch!
I recommend getting some snacks and clicking the fullscreen icon and sitting back and both raging and LOLing at the very first feature on my new "Wall Of Shame"!!! ;-)
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