Theranos Executive to Depart Amid Regulatory Probes

Post by jeffdavis » Fri, May 13, 2016, 3:23 PM UTC

markk wrote: post #9

Alupis wrote: post #4

Earlier quoted context omitted.

You feel compassion for someone who knowingly attempted to peddle a medical product just shy of snake oil, only to have it blow up in their face? Their product was absurdly broken, and the results were essentially a coin flip (I believe the FDA said results were accurate around 50% of the time). They wanted real doctors and patients to base important medical decisions off of this...

There's never a good enough reason to withhold compassion. That's the whole point of it.

Post by dekhn » Fri, May 13, 2016, 3:39 PM UTC

rudolf0 wrote: post #82

dekhn wrote: post #80

Earlier quoted context omitted.

Their backup plan was already executed: they switched from their testing methodology to acting as a service provider for somebody else's testing methodology ( http://www.businessinsider.com/bill-maris-explains-why-gv-di... """So, we just had someone from our life-science investment team go into Walgreens and take the test. And it wasn't that difficult for anyone to determine that things may not be what they seem here…

Were they even able to get their Edison device into a functional state?