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Theranos Lost $585 Mil. in 2015, Had Revenue of Just $500,000
By Robert Michel | From the Volume XXVIII, No. 17 – December 20, 2021 Issue
AMONG THE BEST-KEPT SECRETS at Theranos during its glory days of 2013, 2014, and 2015—when the news media hailed now-disgraced founder and ex-CEO Elizabeth Holmes as a business genius to match Apple founder Steve Jobs—was the actual revenue the company was generating from its clinic…
Former Theranos Lab Director Makes News at Elizabeth Holmes Trial
By Robert Michel | From the Volume XXVIII, No. 14 – October 18, 2021 Issue
This is an excerpt of a 1,867-word article in the October 18, 2021 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: During the trial, a pathologist who was a former Theranos lab director testified about the little…
Primary Care’s Shift to Telehealth and Pharmacies
By R. Lewis Dark | From the Volume XXVIII, No. 14 – October 18, 2021 Issue
Primary care patients are a major source of lab test referrals to the nation’s clinical laboratories. Until recent years, the typical primary care clinic was located in or near the medical campus of the local hospital and was probably owned by the doctors who staffed the clinic….
Pathologist Makes News at Elizabeth Holmes Trial
By Robert Michel | From the Volume XXVIII, No. 14 – October 18, 2021 Issue
CEO SUMMARY: During the trial, a pathologist who formerly was CLIA lab director at Theranos testified about the little regard Theranos executives had for federal proficiency testing regulations labs must follow to retain their CLIA license. Another point of contention was how this p…
New Class of IVD Firms Wants to Serve POCT in Near-Patient Settings
By Robert Michel | From the Volume XXVIII, No. 13 – September 27, 2021 Issue
CEO SUMMARY: Our second installment in this series describes an emerging new clas…
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Volume XXXII, No. 6 – April 21, 2025
Now that a federal judge has vacated the FDA’s LDT rule, The Dark Report analyzes the judgement and notes the various steps the FDA could take in response. Also, lab testing at pharmacies is proving to be less successful than was once anticipated.
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