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Remember Theranos's Finger-Prick Blood Tests? These Firms Have Brought Elizabeth Holmes' Failed Dream To Life
Wednesday, July 31, 2024 - 8:56am | 479The dream of Theranos for finger-prick blood tests is now a reality, thanks to the efforts of rival companies. In Austin, Texas, people who fear needles can now undergo routine medical tests using just a few drops of blood from their fingertips. What Happened: Firms like Becton Dickinson and Babson...
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Oncocyte Acquires Blood-Based Molecular Diagnostics Provider, Chronix Biomedical For Roughly $10 Million
Tuesday, February 2, 2021 - 10:35am | 327Oncocyte Corporation (NYSE: OCX) has agreed to acquire Chronix Biomedical, a privately held molecular diagnostics company, developing blood tests for cancer treatment and organ transplants. This agreement supersedes the previous agreement announced in October 2020. Under the...
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Theranos' Founder Owes Her Company $25 Million
Thursday, April 6, 2017 - 10:48am | 403Elizabeth Holmes, the founder of Theranos, owes her own company $25 million. This may be an issue since her net worth as of June of 2016 plummeted from $5 billion to zero. The Wall Street Journal reported Wednesday Holmes owes her failed blood testing company millions of dollars. The debt comes...