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There's a paper in the Clinical Chemistry and Laboratory Medicine journal titled, "Theranos phenomenon: promises and fallacies" [1]. It says most of the cost ar
by warrenmar 11y ago
There's a paper in the Clinical Chemistry and Laboratory Medicine journal titled, "Theranos phenomenon: promises and fallacies" [1]. It says most of the cost are related to overhead and personnel, not technology. Consumables are cheap. Also it is entirely possible that tests are being subsidized with VC money currently. I don't know what they would have to charge to be cash flow positive.
[1] http://www.degruyter.com/view/j/cclm.2015.53.issue-7/cclm-2015-0356/cclm-2015-0356.xml#.Vh9SBB1M8fo.twitter http://www.degruyter.com/view/j/cclm.2015.53.issue-7/cclm-20...