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What is really galling about the whole saga is that this will end up costing lives and pain. 1. Some people might have gotten incorrect blood work results as a
by suprgeek 10y ago
What is really galling about the whole saga is that this will end up costing lives and pain.
1. Some people might have gotten incorrect blood work results as a consequence of hyped-but-BS techniques like the nano-tainers. Some portion of these will result in unnecessary treatments/pain/suffering.
2. Any future player in the same space must now work triple hard to bring real changes to healthcare stuff - this means delays and lives lost that would have been otherwise saved.
Elizabeth Holmes belongs in prison - plain and simple. There is blood on her hands.
- wonko1 10y agoI think this is a little overstated (not much but a little). I just read through their Yelp reviews (shockingly they're pretty good). What surprised me most was that doctors were sending people to Theranos centers to get tested. Perhaps the doctors should be similarly liable? FDA certainly screwed up also. You're second point feels like a bigger issue. VCs seems to make some absolutely awful and huge investments in healthcare/science/biotech. Throw 100s of millions at companies based on the CEOs personally, and seemingly do little to no DD. I don't get it. This attitude crushes many potential companies. Particularly science-based startups with CEOs with the ability to execute, and good technical background but who can't sell as well as someone like Holmes. If we could get VCs to make saner decisions in health care that would be a major step forward for society.