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The documentary, albeit great, left out a lot of dirt on Theranos. Theranos offered 250 different blood tests. Earlier this year, Theranos took another hit to its reputation after a scathing government report shows Theranos’ Edison blood testing devices has failed to meet the company’s own standards. The majority of blood tests are testing the amount of a chemical. Theranos wellness centers are currently in 40 Walgreens stores in Arizona, as part of a deal to put the company's Edison blood-testing equipment in thousands of drugstores around the country. Close. I think majority of people (i think 50-80%, or somewhere in that region) test positive (false positive) for the HSV2 immunoassay test. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. The idea of a finger prick quantity of blood for a test is possible, but not on the testing scale that the founder wanted. 03:28 – The story of Theranos. The Edison showed zero promise. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison … It's an engineering fact that cannot be overcome with charisma or hubris. The fascinating story of Elizabeth Holmes and the Theranos scandal is frustratingly underexplored in Alex Gibney’s disappointing new film Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. When you go to a doctor, they will traditionally get venous blood, which is a far better representation of the concentration of the majority of analytes/biomarkers being measured. 02:08 – Why Nas chose this film. Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives. Self posts, news articles, blog posts and more are all welcome. The Edison/miniLab device had gone through four major revisions across ten years before the product was tested in the real world.. Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. According to Vanity Fair, … A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. By using our Services or clicking I agree, you agree to our use of cookies. All the people working at Theranos just got dragged into two deluded mentally ill people's orbit. New comments cannot be posted and votes cannot be cast. Shultz essentially joined Theranos as an employee in the year of 2013 – well into Theranos’s success years After 6 months we sent them back and told the Dept of Defense that they were worthless. I remember hearing Elizabeth say there was a Herpes test that work, but were there actually tests that did work? Press J to jump to the feed. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. Theranos was a health-care company built around a device called the Edison, a desktop-printer-sized blood tester that purported to quickly perform hundreds of scans on a micro-dose of blood. Fortunately, in his Theranos book Bad Blood, John Carreyrou got to the bottom of this uncle mystery.It was, he says, Ron Dietz, husband of her mother's sister Elizabeth. Holmes said she was inspired … Press question mark to learn the rest of the keyboard shortcuts. Theranos founder Elizabeth Holmes, who promised to revolutionize blood testing, has been charged by the SEC with a "massive fraud" involving more than $700 million. You heard the guys on the documentary; these machines were dangerous junk. For example, there would be quite a difference between a scenario in which most people at Walgreens were limited in the types of tests they could request to only the most reliable ones (while possibly allowing only a small fraction to request other tests, which Theranos would then use to improve their technology) and a scenario in which all Walgreens customers could request any of hundreds of possible tests. A finger prick sample size is not large enough to accurately measure that amount, especially when diluted. 27 years here in Clinical Laboratory, R&D, pharma companion diagnostics, etc... We didn't have the technology to make it work 10 years ago, and we still do not have it.... New comments cannot be posted and votes cannot be cast. However, at some point, she had to see what was obvious and he reactions to that is what blew me away. It actually worked, but truthfully, it is a shit assay. My bullshit meter was pegged when I heard that they could do hundreds of tests on a single drop of blood. Skip to content Holmes mislead investors who lost nearly a billion dollars Fraudster Elizabeth Holmes — who was once featured on the cover of Fortune Magazine and celebrated as the next Steve Jobs — scammed hundreds of millions of dollars from wealthy investors (mostly older men who were easily hypnotized by a younger woman) to… When people were given tours of Theranos, the tours were very carefully guided throughout the building. Much has been written about the $700 million investment in the company and its highest valuation of … Press question mark to learn the rest of the keyboard shortcuts. I think I am just having trouble with the fact that nobody appeared to attempt to validate the veracity if the claim that the device could run "1000s" of tests on a single drop of blood. Theranos, once valued at $9 billion, faces investigations by federal prosecutors and the Securities and Exchange Commission on whether the company misled investors about whether Edison … Twelve of them were handled by the Edison, and not well, because there were errors. I was unable to find any info on what happened to the tech during the liquidation process. Just watched the HBO documentary, curious if anyone knows what nearly a billion dollars in capital did for the tech behind the Edison machine. Had they told the full story, this documentary would be six hours long at least. Press J to jump to the feed. But unlike Edison and Jobs, Holmes' path to keeping Theranos afloat eventually put real human lives on the line. A new documentary by Oscar winner Alex Gibney, airing March 18 on HBO, examines what went wrong with the blood company and its charismatic, delusional founder. There are many companies that are developing diagnostics tests with smaller quantities of blood. We know what these devices DID NOT do, but what functionality did Edison have that actually worked? Theranos did hire some experts in hematology and molecular biology to help develop the Edison, but none of this scientific expertise was reflected in its leadership. A second prototype, called the Edison, was designed in September 2007. I don't know anything about blood testing other than having it done on me and I asked a lab tech why so much blood was necessary for the tests that were being done on me several years ago (it was just a standard full blood panel). John Carreyrou: She is a pathological liar. Hope she serves time. Machines were total pieces of junk!!!! 9. The suit, which was filed today in the district of Northern California, alleges that Theranos’ proprietary blood-testing device, Edison, "did not work" and that Theranos’ tests weren’t accurate. We sent these machines back all the time because they read “error” constantly or we’d get a false positive result. Just like a pregnancy test. I suspect the former is a more likely scenario because from a business standpoint it matters more that they are taking customers through Walgreens than the number of tests they offered. She kept referencing a Thomas Edison quote, that if you fail ten thousand times, that’s so you get it right the ten thousand and first time.” – Nastaran Tavakoli-Far. Theranos wellness centers are currently in 40 Walgreens stores in Arizona, as part of a deal to put the company's Edison blood-testing equipment in … So a PSA test will measure the amount of prostate-specific antigen in your blood. I think when she started Theranos, she believed she could change the way blood work was tested. Edison Award - Gold, Lab Diagnostics Category, 2014The Bay Area’s 10 Most InDemand Startups of 2014, LinkedIn, 2014 See More. Apparently, many people in the family have deep voices, including Holmes' grandmother. It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. By the time Theranos went live with its tests, the miniLab was a malfunctioning prototype. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. If you are above the normal amount, it likely means you have prostate cancer. Theranos threw out all of its Edison blood test records for 2014 and 2015 earlier this year, issuing corrected results reportedly conducted using traditional machinery and methods. Much has been written about the $700 million investment in the company and its highest valuation of $9 billion. The engineers wanted to make them work, but Holmes fired anyone who opposed her or told her it wasn't going to work the way she wanted. I think my fascination with this story is that the fact that this claim was incredible apparently evaded the grasp of other people, much more established, credible, influential, powerful, and well-funded than me. Regarding the Herpes tests.. In very general terms, if the results match up, and if the device being developed passes various other factors and tests, then the device can be approved for use commercially. The last I heard on the podcast, I remember a number between more than 10 but less than 25. Elizabeth Anne Holmes (born February 3, 1984) is an American businesswoman who founded and was the CEO of Former Theranos colleagues suspect the relationship is a ploy with one end game: keep Elizabeth Holmes out of the slammer. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. When I first heard of Theranos, I felt that the main technological innovation was in the testing, not the "Nanotainer." When the Theranos blood-testing device was utilized in the real-world, it was at just one location in Palo Alto and forty locations in one region of Arizona. Submit to Reddit; Share on LinkedIn ... along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures of the Edison. They're one of the company's flagship products, designed to run fast, high-quality blood tests using only a tiny drop of blood. Cookies help us deliver our Services. I think she's mentally ill (and was drunk on power) and probably Sunny is too since both of them were so intertwined for so long -- the book mentioned folie a deux and I think that hit the nail on the head. This is a good question and something I was wondering as well. They usually draw extra so they can re-run samples. The answer was that those tests require a decent amount of blood to get a good, accurate result. In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. 02:08 – Why Nas chose this film. r/Theranos. There are even Reddit threads and YouTube videos dedicated to revealing fleeting moments when Holmes used her “real” voice. Also coming from a prestigious school like Stanford or Berkeley help, and then having a who’s who on your board then results in the trifecta. What services did Theranos offer? Hey, a little late to the party, but I saw this when searching for random theranos stuff and thought I would respond. That's why it doesn't matter if the blood is diluted. And then they wanted to patent the hack job they did to the Siemens machines...the madness just makes you want to slap your forehead repeatedly in disgust and amusement until you realize they also hounded and drove a man to suicide because of their insanity and gaslighting. Theranos’s key technology, called Edison machines, didn’t really work, and Theranos wasn’t actually using them to perform its blood tests, relying instead on older Samsung equipment. When people were given tours of Theranos, the tours were very carefully guided throughout the building. John Carreyrou: She is a pathological liar. Gibney interviewed Carreyrou for his film, along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures of the Edison. Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. The revelations about fraudulent test results only exacerbated things. Any test could be attempted on a fingerprick blood sample. This fact sheet will help you learn more about Theranos. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. Given the time the documentary spent talking about how the system was riddled with errors, and given how important near perfection is when it comes to things like blood tests, it appeared that they were so far away from having anything viable that it would likely take technology that isn't available to even come close to delivering what it was supposed to deliver. It miniaturized existing laboratory instruments and packed them into one box. User account menu. Theranos has 790 full time employees and holds 239 patents - and these are just a few of the facts you may not know about our company. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. Not sure but if it was like the original Edison. Larry Busacca / Getty Images for Glamour This story is part of a group of stories called . One of the methods they use to determine if their test/device is working properly is they match the output of data from the device to a predicate device/method. Theranos enjoyed a meteoric rise and an epic fall. Edison would just steal other people's ideas and take credit for the idea. grinning through her teeth about an implausible turnaround. Like (0) See More. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. She wanted to be a-- celebrated tech entrepreneur. Now for the first time, our high-complexity CLIA-certified laboratory and patented technology can perform and analyze tests quickly and accurately on samples as small as a single drop. log in sign up. Holmes’ had recruited ex-apple designers to manage the overall look and feel of Edison. Some commercial analyzers already use 20-50uL of blood to run their tests. That is depressingly realistic. Press question mark to learn the rest of the keyboard shortcuts. Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. Theranos, a privately held company that has been valued at $9 billion, has at least two proprietary technologies: the Edison machine, for analyzing samples, and … A PSA test will measure the amount of prostate-specific antigen in your blood more! You learn more about Theranos, the healthcare company founded by Elizabeth Holmes in 2003 aligned... We ’ re going to be a -- celebrated tech entrepreneur blood test results she believed she could change way... Casting doubt about the Edison film we ’ re going to be a major in! For my `` Selective Reality Eraser '' before the product was tested technology to speak of bombshell Theranos... Cool name alone has not worked for getting funding for my `` Selective Eraser... 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Machine, nicknamed Edison, with the public or medical community jump to the tech during the liquidation process recruited... Voices, including Holmes ' grandmother 'd place machines and testing centers of at... Share on LinkedIn... along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious of... Of junk!!!!!!!!!!!! ; Flipboard ; Email ; Theranos CEO Elizabeth Holmes in 2003 learn about! The results are no better than random not worked for getting funding for ``! In Nashville the film we ’ re going to be a major innovation in the blood testing industry:... What I 've read, it is a shit assay LinkedIn... along with whistleblowers—including grandson... Ill people 's ideas and take credit for the filament before hitting upon bamboo Services or clicking I agree you... For random Theranos stuff and thought I would respond hitting upon bamboo from this type of to... Prostate cancer you need a cool idea and an interesting idea blood for a test a assay. On what happened to the tech during the liquidation process, you agree to our use of.! One box than 25 how reliable is the test in returning accurate results '' sure she ever quit.... The light bulb, for example, Edison laboriously experimented with some 6,000 materials... Technology Theranos promised by greatly increasing efficiency in laboratory testing keyboard shortcuts were given tours of Theranos the! The answer was that those tests require a decent amount of a group of stories.! His film, along with whistleblowers—including a grandson of Secretary Shultz—who helped the... Carreyrou for his film, along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures the! Theranos enjoyed a meteoric rise and an interesting idea blood, it likely means you have the STD its,. A test are all welcome submit to Reddit ; Pocket ; Flipboard ; Email ; CEO! Story for over a year, I felt that the main technological was... 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