What do you consider cheap? I can get a basic metabolic panel of 26 tests (lipids, glucose, CBC, electrolytes, organ functions) for around $50 as an individual.

What do you consider cheap? I can get a basic metabolic panel of 26 tests (lipids, glucose, CBC, electrolytes, organ functions) for around $50 as an individual. This includes drawing the blood, shipping and third part profit margins. Imagine the actual costs which are probably around $15 or so. I'm guessing a lot of these basic tests have been automated so they can be done cheaply. So I don't think costs are the main issue with the current technology. There are tests which are much more expensive but those may have manual labor involved and I don't think Theranos can make them any more cost effective.