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Theranos Lays Off More Staff, Voids More Lab Test Results

ONCE AGAIN, the controversial lab testing company, Theranos, Inc., found itself the subject of negative news stories. In recent weeks, The Wall Street Journal reported that the beleaguered lab testing company in Palo Alto, Calif., laid off 155 staffers, voided more laboratory test results, and cut ties with its high-profile lawyer. This round of bad …

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Much Disruption for Labs In 2016’s Top 10 Stories

Clinical Laboratory / By Robert Michel

CEO SUMMARY: Within THE DARK REPORT’S list of the Top 10 Lab Industry Stories for 2016 is one story of disruption that might have been one story of disruption about to happen. The disintegration of Theranos during 2016 is the big story about a self-proclaimed disruptor of the lab industry that finds itself struggling just …

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Is Theranos Kowtowing To CMS over Pending CLIA Sanctions?

Clinical Laboratory / By Robert Michel

CEO SUMMARY: Having ignored the profession of laboratory medicine for nearly all of its 13-year corporate life, Theranos suddenly began engaging with expert laboratorians last month. The timing of this new outreach coincides with public disclosure that CMS proposed the severest sanctions against Theranos, including revocation of the Theranos CLIA certificate. An expanded scientific advisory …

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Volume XXIII No. 7 – May 23, 2016

IF LAB PROFESSIONALS WERE WONDERING why Theranos is suddenly—after 13 years of essentially ignoring the profession of lab medicine—starting to engage with clinical laboratory professionals, this exclusive DARK REPORT intelligence briefing has the answers. And in another lab industry exclusive, AACC leaders tell THE DARK REPORT how Theranos CEO Elizabeth Holmes came to be invited to present scientific data at the upcoming AACC annual conference in July.

Theranos Saga Just Keeps Getting More Intriguing

TDR Insider / By Mary Van Doren

IT’S BEEN AN EVENTFUL COUPLE OF MONTHS for Theranos, the lab testing company that says its goal is to disrupt the clinical laboratory industry. Novelists cannot write fiction as compelling as the unfolding real story about this controversial company.

During March and April, The Wall Street Journal published a series of articles that revealed the extent of the problems Theranos had with CLIA inspections of its clinical laboratory in Newark, California. The Journal published its analysis of the CLIA inspection report and the serious deficiencies identified during lab inspections that happened last fall and earlier this year.

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Theranos in the News, for Better and Worse

Commentary and Opinion by R. Lewis Dark / By R. Lewis Dark

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March 8, 2010 “Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

On March 1, Omnyx, LLC, of Pittsburgh, Pennsylvania, licensed certain virtual microscopy and digital pathology patents from Olympus America, Inc. Omnyx is a joint venture between GE Healthcare and the University of Pittsburgh Medical Center (UPMC) that was created to develop and market digital pathology systems. The agreement grants Omnyx a non-exclusive worldwide license and …

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November 23, 2009 “Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Identity theft was a key part of a financial fraud that Adeniyi Adeyemi, 27, used to steal approximately $1 million from accounts belonging to 11 not-for-profits and trusts. Among the victims was the American Association of Clinical Chemistry (AACC). Adeyemi was a computer technician at the Bank of New York Mellon. The Manhattan District Attorney’s …

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All-Star Vitamin D Panel Looks at Lab Challenges

Clinical Laboratory / By Robert Michel

CEO SUMMARY: Need proof that the issues surrounding today’s Vitamin 25(OH) D are of keen interest to laboratory professionals? Not only did the EXECUTIVE WAR COLLEGE’S in depth sessions on Vitamin D draw a large audience and enthusiastic participation by attendees, but within weeks, two of the lab industry’s most-watched magazines published headline stories about …

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Staunch Laboratory Advocate Retires After 31 Years of Service

Clinical Laboratory / By Robert Michel

LAST MONTH, THE LABORATORY INDUSTRY lost one its most dedicated, full-time advocates. With his retirement in January, Joe Boone, Ph.D., ended a 31-year career with the Centers for Disease Control and Prevention (CDC). Boone started with the CDC in 1977. In 1992, he assumed his present position as Associate Director for Science, Division of Laboratory …

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