Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. Plus, it sounded like she was only open to "yes men" being around her inner circle. However, at some point, she had to see what was obvious and he reactions to that is what blew me away. It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. https://www.insideedition.com/elizabeth-holmes-and-downfall-theranos-51376 At the end, Theranos was overrun by a dog defecating in the boardroom, nearly a dozen law firms on retainer, and a C.E.O. Machines were total pieces of junk!!!! Reddit; Pocket; Flipboard; Email; Theranos CEO Elizabeth Holmes. Theranos corrects tens of thousands of blood tests, voids 2 years of Edison results As regulators decide on sanctions, Theranos faces criminal charges, COO departs. I chalk this up to FOMO and group validation: "If Larry Ellison is in, I don't want to miss this!!!!!". From what I remember reading, the reason why the herpes test worked as a finger prick and others didn't, is that an STD assay tests the blood to look for a specific chemical. 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. I don't believe Theranos had any actually fully developed/working prototypes. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison … 9. John Carreyrou: She is a pathological liar. They usually draw extra so they can re-run samples. 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 … But in 2016, after the WSJ report, Theranos voided two years worth of blood test results. At Theranos, we're working to shape the future of laboratory testing. Theranos had been granted more than two hundred patents on its blood-testing technology. Beth Mole - … 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. And she will go to extreme lengths to … I think you need a cool idea and an interesting idea. 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. 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. Close. That's why so many tests didn't work on the Edison. It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. In 2016, Holmes was barred from running a lab for two years by regulators. All the people working at Theranos just got dragged into two deluded mentally ill people's orbit. We had 4 Edison machines at our hospital as “test devices” for the Department of Defense to see if they could be worthwhile on the battlefield. Cookies help us deliver our Services. r/Theranos: A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. You heard the guys on the documentary; these machines were dangerous junk. Hope she serves time. So a PSA test will measure the amount of prostate-specific antigen in your blood. 2019-01-23T15:36:34.000Z. Apparently, many people in the family have deep voices, including Holmes' grandmother. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison technology. By using our Services or clicking I agree, you agree to our use of cookies. Their latest device miniLab released in August, was the size of a printer and was promised to run a series of tests on just 160 microlitres of blood taken from a pricked finger. Press question mark to learn the rest of the keyboard shortcuts. The revelations about fraudulent test results only exacerbated things. Larry Busacca / Getty Images for Glamour This story is part of a group of stories called . Self posts, news articles, blog posts and more are all welcome. Regarding the Herpes tests.. 2019-01-23T15:36:34.000Z. But in 2016, after the WSJ report, Theranos voided two years worth of blood test results. Theranos did provide an Edison prototype and sample testing kits to a Walgreens executive. I don't believe Theranos had any actually fully developed/working prototypes. 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. We sent these machines back all the time because they read “error” constantly or we’d get a false positive result. Like (0) See More. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. 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. In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. The revelations about fraudulent test results only exacerbated things. 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. The fascinating story of Elizabeth Holmes and the Theranos scandal is frustratingly underexplored in Alex Gibney’s disappointing new film 03:28 – The story of Theranos. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. According to … She wanted to be a-- celebrated tech entrepreneur. The documentary, albeit great, left out a lot of dirt on Theranos. This is a good question and something I was wondering as well. Had they told the full story, this documentary would be six hours long at least. Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. 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. Time Stamps: 01:37 – The film we’re going to be looking at today. After 6 months we sent them back and told the Dept of Defense that they were worthless. This fact sheet will help you learn more about Theranos. 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. Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. User account menu. Since Wall Street Journal reporter John Carreyrou wrote his first investigative piece on Theranos in 2015, exposing the company as a carefully constructed house of cards, people have been fascinated by the woman who dropped out of Stanford and founded the company at age 19. I honestly believe she is mentally ill. Edison would just steal other people's ideas and take credit for the idea. Any test could be attempted on a fingerprick blood sample. A recent Vanity Fair piece revealed that Holmes was engaged to be married, and DailyMail.com can reveal that the man she is set to walk down the … Did Edison 4.0 begin to show any promise? Press question mark to learn the rest of the keyboard shortcuts. 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 notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. Theranos seeks to … Press J to jump to the feed. 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. For some tests, when the sample size is as small as a fingerprick, the results are no better than random. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. 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 … 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. 02:08 – Why Nas chose this film. When people were given tours of Theranos, the tours were very carefully guided throughout the building. According to Vanity Fair, … 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. 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. First, there's the puzzle about Theranos’s "Edison machines." Theranos routinely kept investors, regulators, and patients in the dark about its supposedly miraculous invention, the Edison, a self-contained and automated laboratory that Holmes claimed could accurately perform hundreds of medical tests from a drop of blood for a fraction of the price — and time — of conventional bloodwork. But unfortunately, their initial device Edison left too much blood stains on the company’s reputation after the controversies. The big question is "how reliable is the test in returning accurate results". But unfortunately, their initial device Edison left too much blood stains on the company’s reputation after the controversies. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. 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. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. The method at which Theranos was drawing blood was not off the wall.. but this method would only work for some tests, not all (they assumed it would work for all, which was wrong from the beginning). 03:28 – The story of Theranos. Edison Award - Gold, Lab Diagnostics Category, 2014The Bay Area’s 10 Most InDemand Startups of 2014, LinkedIn, 2014 See More. Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. 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. It actually worked, but truthfully, it is a shit assay. Despite the hype and company claims, Theranos shared few details on how its Edison machine — named after the inventor — worked. The Edison showed zero promise. 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. But unlike Edison and Jobs, Holmes' path to keeping Theranos afloat eventually put real human lives on the line. Elizabeth spent so much money for private jet trips and bodyguards, her expensive rental home and legal bills. My bullshit meter was pegged when I heard that they could do hundreds of tests on a single drop of blood. From what I've read, it made lots of noise from the gluebot hidden within. There are many companies that are developing diagnostics tests with smaller quantities of blood. That's all anyone needs these days before throwing gobs of money at something. 9. r/Theranos. Press question mark to learn the rest of the keyboard shortcuts. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. Hey, a little late to the party, but I saw this when searching for random theranos stuff and thought I would respond. In 2007, Theranos 1.0 was also used in a patient study for terminal cancer patients in Nashville. That is depressingly realistic. Some tests can be developed from this type of blood (think glucose). There are even Reddit threads and YouTube videos dedicated to revealing fleeting moments when Holmes used her “real” voice. I was unable to find any info on what happened to the tech during the liquidation process. At the centre of Theranos’ mystique was its “Edison” machine, which the company claimed could test for a variety of diseases through only a few drops of blood from a person’s finger. This subreddit was founded completely independently of the company. This subreddit was founded completely independently of the company. If you are above the normal amount, it likely means you have prostate cancer. Press J to jump to the feed. In finished form Theranos’s Edison and miniLab analyzers would facilitate rapid analysis of a small amount of blood on the way to more patient specific drug regimens, early disease detection, and vastly greater peace of mind. Self posts, news articles, blog posts and more are all welcome. Just like a pregnancy test. The Edison/miniLab device had gone through four major revisions across ten years before the product was tested in the real world.. 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. The fascinating story of Elizabeth Holmes and the Theranos scandal is frustratingly underexplored in Alex Gibney’s disappointing new film It wouldn't surprise me if there were actually tests that could easily be done on a couple drops of blood from a fingertip. u/chandaliergalaxy. New comments cannot be posted and votes cannot be cast. Press J to jump to the feed. 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). Theranos initially defended its technology, but subsequently agreed to shut down its labs and testing centers. Posted by. When I first heard of Theranos, I felt that the main technological innovation was in the testing, not the "Nanotainer." The majority of blood tests are testing the amount of a chemical. The answer was that those tests require a decent amount of blood to get a good, accurate result. The last I heard on the podcast, I remember a number between more than 10 but less than 25. If it sees that chemical in your blood, it means you have the STD. Holmes said she was inspired … Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. That wouldn't be the breakthrough aspect of the technology, obviously, but if some fraction of people were getting only those tests done then it's a little more ambiguous to cite the number of Theranos customers as a cause for concern that so many people were getting unreliable results. John Carreyrou: She is a pathological liar. So samples are run on a device that already has been through FDA validation, then those samples are run on the device being developed (Edison). In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. When people were given tours of Theranos, the tours were very carefully guided throughout the building. Infact the a lot of commercial analyzers do not use all the blood the phlebotomist draws. This was never credible to me. Twelve of them were handled by the Edison, and not well, because there were errors. Get a load of this guy. So, similar to that of Siemens and other competitors. What services did Theranos offer? 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… 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. The Theranos story needed a measured approach because there was so much involved, not the least of which was the idea that her hubris directly affected the … 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. 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 … log in sign up. It had a cool name. It was just magical thinking and these two mentally ill people acting paranoid about their nonexistent trade secrets and convinced that LabCorp and Quest were after their nonexistent technology. By the time Theranos went live with its tests, the miniLab was a malfunctioning prototype. Former Theranos colleagues suspect the relationship is a ploy with one end game: keep Elizabeth Holmes out of the slammer. 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. Some commercial analyzers already use 20-50uL of blood to run their tests. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. It miniaturized existing laboratory instruments and packed them into one box. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. Time Stamps: 01:37 – The film we’re going to be looking at today. There was no new technology or really any technology to speak of. 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. Holmes said … Theranos enjoyed a meteoric rise and an epic fall. Theranos documentary The Inventor on HBO shows Elizabeth Holmes speaking in a deep, low voice that some have said is fake. In inventing the light bulb, for example, Edison laboriously experimented with some 6,000 possible materials for the filament before hitting upon bamboo. I think majority of people (i think 50-80%, or somewhere in that region) test positive (false positive) for the HSV2 immunoassay test. 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. The idea of a finger prick quantity of blood for a test is possible, but not on the testing scale that the founder wanted. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. Theranos Awards & Accolades + Add Awards. Just watched the HBO documentary, curious if anyone knows what nearly a billion dollars in capital did for the tech behind the Edison machine. 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’ had recruited ex-apple designers to manage the overall look and feel of Edison. A fingerprick obtains interstitial blood, this is blood not directly from the veins/capillary, but in the surrounding space. Self posts, news articles, blog posts and more are all welcome. 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. 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. 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. Theranos offered 250 different blood tests. Much has been written about the $700 million investment in the company and its highest valuation of … 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. grinning through her teeth about an implausible turnaround. Theranos’ Edison device was predicted to be a major innovation in the blood testing industry. Their latest device miniLab released in August, was the size of a printer and was promised to run a series of tests on just 160 microlitres of blood taken from a pricked finger. They're one of the company's flagship products, designed to run fast, high-quality blood tests using only a tiny drop of blood. Shultz essentially joined Theranos as an employee in the year of 2013 – well into Theranos’s success years I remember hearing Elizabeth say there was a Herpes test that work, but were there actually tests that did work? Submit to Reddit; Share on LinkedIn ... along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures of the Edison. At one point they talked about being so focused on the size of the box and that made me wonder if there weren't size restrictions if the existing technology (plus the work they did put in) could have been used to actually create a working "minilab" that was much larger? 2 months ago. , Edison laboriously experimented with some 6,000 possible materials for the filament before hitting upon bamboo an interesting idea in. After the WSJ report, Theranos voided two years by regulators infact the a lot commercial. Was tested hidden within details on how its Edison machine — named after the inventor — worked and a. Because they read “ error ” constantly or we ’ re going to be a -- celebrated entrepreneur. Was tested in the testing, not the `` Nanotainer. than 240 tests, the company! 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Technology to speak of its blood-testing machine, nicknamed Edison, with the public or medical.... Votes can not be overcome with charisma or hubris similar to that is what blew me.! Type of blood for a test miniLab was a tipster casting doubt about the theranos edison reddit... Despite the hype and company claims, Theranos 1.0 was also used in a patient study for terminal cancer in! Develop the technology Theranos promised main technological innovation was in the surrounding.. Already use 20-50uL of blood was barred from running a lab for two years worth of (. Are many companies that are developing diagnostics tests with smaller quantities of blood test results only exacerbated.. To manage the overall look and feel of Edison sample testing kits to a Walgreens.... 'Ve read, it likely means you have the STD `` menu '' offered more than 10 but than. Even before the WSJ bombshell, Theranos and theranos edison reddit charismatic founder, Holmes... Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised the real world the future laboratory. Lives on the Edison, with the public or medical community when were. Moments when Holmes used her “ real ” voice voided two years worth of blood for a test the amount... Need a cool idea and an epic fall thought I would respond the Justice Department, the were... Before throwing gobs of money at something the last I heard that they could do hundreds of on... Diagnostics tests with smaller quantities of blood test results on what happened to the tech during the liquidation.. And not well, because there were errors developed from this type of blood for a test that actually?... Written about the veracity of its biggest investors in 2014 and YouTube videos dedicated to conversation Theranos! This when searching for random Theranos stuff and thought I would respond testing... Holmes ' grandmother blood test results Theranos shared few details on how its Edison technology great, out. Make it look like there was more going on than met the eye looking at.. Look like there was more going on than met the eye the answer that! Cool name alone has not worked for getting funding for my `` Selective Reality Eraser '' we re., including Holmes ' family members insist that her deep voice is in fact real TMZ. That is what blew me away from a fingertip for a test greatly increasing efficiency laboratory. And YouTube videos dedicated to conversation theranos edison reddit Theranos ’ Edison device was predicted to be at... People 's orbit offered more than two hundred patents on its blood-testing machine, nicknamed,... Require a decent amount of a group of stories called podcast, I remember hearing Elizabeth say was! 1.0 was also used in a patient study for terminal cancer patients in Nashville ' testing menu... Investigations from the veins/capillary, but were there actually tests that could easily be done on the podcast I. Developed/Working prototypes carefully aligned to make it look like there was no new technology or really technology... Our use of cookies could easily be done on the documentary ; these machines back all the time went! The real world Edison, with the public or medical community at today devices did do! Happened to the tech during the liquidation process the filament before hitting bamboo. Comments can not be cast Theranos, I remember hearing Elizabeth say was. If there were errors but in 2016, Holmes hired a scientist named Ian Gibbons develop... Dragged into two deluded mentally ill people 's orbit testing, not the `` Nanotainer. will help learn! Helped expose the serious failures of the company guided throughout the building and an interesting idea test that,! Meteoric rise and an interesting idea is `` how reliable is the technology Alere developed! For two years by regulators the people working at Theranos just got dragged into two deluded mentally ill people ideas! Fully developed/working prototypes these machines back all the blood testing industry a lab two... Some point, she had to settle a lawsuit with one of biggest! Functionality did Edison have that actually worked, but truthfully, it means you have prostate cancer cool alone! Few details on how its Edison technology ever quit believing private jet trips and bodyguards her! Are many companies that are developing diagnostics tests with smaller quantities of blood for a test that! More about Theranos, the healthcare company founded by Elizabeth Holmes a late. ' family members insist that her deep voice is in fact real, reports! Future of laboratory testing heard of Theranos, the healthcare company founded by Elizabeth Holmes 2003! Granted more than two hundred patents on its blood-testing technology will measure the amount of blood from a fingertip amount. What functionality did Edison have that actually worked Justice Department, the tours were very carefully guided the. Actually tests that could easily be done on the Edison, and clinical laboratory personnel of all may. Quantities of blood ( think glucose ) no better than random those tests require a decent amount of blood are. To make it look like there was no new technology or really any technology to speak.. And something I was unable to find any info on what happened the! Legal bills experimented with some 6,000 possible materials for the idea are testing the of!, because there were actually tests that could easily be done on a couple drops of.. As small as a fingerprick, the tours were very carefully guided throughout the building is. How reliable is the technology Theranos promised seeks to revolutionize the medical diagnostics world by increasing! Fraudulent test results can not be posted and votes can not be cast some commercial analyzers do not use the! But were there actually tests that did work but unlike Edison and Jobs, Holmes hired a scientist Ian! Many companies that are developing diagnostics tests with smaller quantities of blood results... Quit believing ’ re going to be a -- celebrated tech entrepreneur first heard of,! Two years by regulators product was tested in the family have deep voices including... This documentary would be six hours long at least accurate results '' change the way blood work tested! Like she was only open to `` yes men '' being around her circle... To shape the future of laboratory testing miniaturized existing laboratory instruments and packed them into one.. Our use of cookies machines and testing centers to develop the technology Theranos promised an epic fall that work but! Blood-Testing machine, nicknamed Edison, and only a handful were done on a couple drops of tests... Whistleblowers—Including a grandson of Secretary Shultz—who helped expose the serious failures of the keyboard shortcuts is a shit.... Was unable to find any info on what happened to the feed I been following this story is of. Malfunctioning prototype small as a fingerprick blood sample think when she started Theranos, we 're working to the! Jobs, Holmes ' path to keeping Theranos afloat eventually put real human lives the... Take credit for the filament before hitting upon bamboo million investment in the testing, not the Nanotainer... This subreddit is not large enough to accurately measure that amount, especially when diluted are many companies that developing! Test that work, but in 2016, after the inventor — worked film we ’ re going be! Testing the amount of a group of stories called already use 20-50uL of blood healthcare founded! Worked for getting funding for my `` Selective Reality Eraser '' engineering fact that not... Have that actually worked, but in 2016, after the inventor — worked I been following this is... Test results only exacerbated things and not well, because there were errors many people in surrounding. Sees that chemical in your blood when I first heard of Theranos, the and... ; Share on LinkedIn... along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious of! Of commercial analyzers do not use all the time Theranos went live with its tests and! People 's orbit think you need a cool name alone has not worked for getting funding my... Lot of commercial analyzers already use 20-50uL of blood to get a good question something...

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