3 ms·
I doubt there is any meat here. The real complaint should be their failure to anticipate and accomodate the perverse but very real requirements of regulatory c
by aminorex 11y ago
I doubt there is any meat here. The real complaint should be their failure to anticipate and accomodate the perverse but very real requirements of regulatory compliance in the near term. In the long run, the regulations will have to change in light of technological reality, but investors don't usually care about the long run.
- LevyJenningsSD2 11y agoThere IS meat here, but it isn't the hematology problem. It's that their medical director is unqualified to direct this lab. CLIA is very stringent about what qualifications are needed for a lab doing high-complexity testing. This is such a huge mistake by Theranos that I have to truly believe they do not know what they are doing, or perhaps felt they were above these laws. CLIA is indeed the law, passed by Congress many years ago. Even Kissinger can't throw his weight around and bypass it. Duh