4 ms·
They weren't banned by FDA, they were banned by CMS. And the ban was on conducting tests only. They're still allowed to develop test equipment to sell to other
by seehafer 10y ago
They weren't banned by FDA, they were banned by CMS. And the ban was on conducting tests only. They're still allowed to develop test equipment to sell to other companies that will actually perform the tests. But the scrutiny they will get from FDA let alone any potential customer will be intense. No one in the diagnostics world will trust anything Holmes makes. Theranos is a dead company walking, provided Holmes remains in charge.