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Theranos Now Scrambling To Save What It Can

In a first after 13 years, lab will have experienced executives handling regulatory compliance, quality

CEO SUMMARY: On July 7, CMS imposed severe sanctions on Theranos for CLIA violations. Included is a two-year ban on owning and operating a clinical laboratory for Theranos, CEO Elizabeth Holmes, the former COO, and the former medical director. Theranos appears to be pivoting away from a clinical lab testing business strategy and back to …

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