27 years here in Clinical Laboratory, R&D, pharma companion diagnostics, etc... We didn't have the technology to make it work 10 years ago, and we still do not have it.... New comments cannot be posted and votes cannot be cast. Using a fingerprick to collect a small amount of blood to fill the company’s proprietary “nanotainers”, the test is significantly less-invasive compared to traditional blood-draws using an intravenous needle. Machines were total pieces of junk!!!! A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. Press J to jump to the feed. There was no new technology or really any technology to speak of. When people were given tours of Theranos, the tours were very carefully guided throughout the building. 03:28 – The story of Theranos. Posted by. In inventing the light bulb, for example, Edison laboriously experimented with some 6,000 possible materials for the filament before hitting upon bamboo. We sent these machines back all the time because they read “error” constantly or we’d get a false positive result. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. She wanted to be a-- celebrated tech entrepreneur. But unlike Edison and Jobs, Holmes' path to keeping Theranos afloat eventually put real human lives on the line. She wanted to be a-- celebrated tech entrepreneur. The revelations about fraudulent test results only exacerbated things. It wouldn't surprise me if there were actually tests that could easily be done on a couple drops of blood from a fingertip. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. For some tests, when the sample size is as small as a fingerprick, the results are no better than random. 9. There are many companies that are developing diagnostics tests with smaller quantities of blood. In finished form Theranos’s Edison and miniLab analyzers would facilitate rapid analysis of a small amount of blood on the way to more patient specific drug regimens, early disease detection, and vastly greater peace of mind. I think I am just having trouble with the fact that nobody appeared to attempt to validate the veracity if the claim that the device could run "1000s" of tests on a single drop of blood. Self posts, news articles, blog posts and more are all welcome. Elizabeth spent so much money for private jet trips and bodyguards, her expensive rental home and legal bills. Holmes said … If it sees that chemical in your blood, it means you have the STD. r/Theranos: A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. This was never credible to me. Theranos, a privately held company that has been valued at $9 billion, has at least two proprietary technologies: the Edison machine, for analyzing samples, and … Press question mark to learn the rest of the keyboard shortcuts. Theranos did provide an Edison prototype and sample testing kits to a Walgreens executive. Fortunately, in his Theranos book Bad Blood, John Carreyrou got to the bottom of this uncle mystery.It was, he says, Ron Dietz, husband of her mother's sister Elizabeth. This subreddit was founded completely independently of the company. Theranos' testing "menu" offered more than 240 tests, and only a handful were done on the Edison. Gibney interviewed Carreyrou for his film, along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures of the Edison. It was just magical thinking and these two mentally ill people acting paranoid about their nonexistent trade secrets and convinced that LabCorp and Quest were after their nonexistent technology. She kept referencing a Thomas Edison quote, that if you fail ten thousand times, that’s so you get it right the ten thousand and first time.” – Nastaran Tavakoli-Far. Apparently, many people in the family have deep voices, including Holmes' grandmother. It actually worked, but truthfully, it is a shit assay. I honestly believe she is mentally ill. Theranos Awards & Accolades + Add Awards. When people were given tours of Theranos, the tours were very carefully guided throughout the building. Theranos founder Elizabeth Holmes, who promised to revolutionize blood testing, has been charged by the SEC with a "massive fraud" involving more than $700 million. This fact sheet will help you learn more about Theranos. So, similar to that of Siemens and other competitors. They never worked. log in sign up. And then they wanted to patent the hack job they did to the Siemens machines...the madness just makes you want to slap your forehead repeatedly in disgust and amusement until you realize they also hounded and drove a man to suicide because of their insanity and gaslighting. A second prototype, called the Edison, was designed in September 2007. The majority of blood tests are testing the amount of a chemical. The method at which Theranos was drawing blood was not off the wall.. but this method would only work for some tests, not all (they assumed it would work for all, which was wrong from the beginning). Just like a pregnancy test. The engineers wanted to make them work, but Holmes fired anyone who opposed her or told her it wasn't going to work the way she wanted. According to Vanity Fair, … But unfortunately, their initial device Edison left too much blood stains on the company’s reputation after the controversies. Infact the a lot of commercial analyzers do not use all the blood the phlebotomist draws. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. r/Theranos. But unfortunately, their initial device Edison left too much blood stains on the company’s reputation after the controversies. The revelations about fraudulent test results only exacerbated things. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. Press question mark to learn the rest of the keyboard shortcuts. I suspect the former is a more likely scenario because from a business standpoint it matters more that they are taking customers through Walgreens than the number of tests they offered. At the centre of Theranos’ mystique was its “Edison” machine, which the company claimed could test for a variety of diseases through only a few drops of blood from a person’s finger. Theranos initially defended its technology, but subsequently agreed to shut down its labs and testing centers. Not sure but if it was like the original Edison. Theranos did hire some experts in hematology and molecular biology to help develop the Edison, but none of this scientific expertise was reflected in its leadership. The last I heard on the podcast, I remember a number between more than 10 but less than 25. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. Skip to content Holmes mislead investors who lost nearly a billion dollars Fraudster Elizabeth Holmes — who was once featured on the cover of Fortune Magazine and celebrated as the next Steve Jobs — scammed hundreds of millions of dollars from wealthy investors (mostly older men who were easily hypnotized by a younger woman) to… The documentary, albeit great, left out a lot of dirt on Theranos. In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. That is depressingly realistic. Theranos, once valued at $9 billion, faces investigations by federal prosecutors and the Securities and Exchange Commission on whether the company misled investors about whether Edison … If you are above the normal amount, it likely means you have prostate cancer. When I first heard of Theranos, I felt that the main technological innovation was in the testing, not the "Nanotainer." The Edison/miniLab device had gone through four major revisions across ten years before the product was tested in the real world.. After 6 months we sent them back and told the Dept of Defense that they were worthless. A recent Vanity Fair piece revealed that Holmes was engaged to be married, and DailyMail.com can reveal that the man she is set to walk down the … Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. Twelve of them were handled by the Edison, and not well, because there were errors. An example is the technology Alere has developed, which can use 40uL of blood for a test. A finger prick sample size is not large enough to accurately measure that amount, especially when diluted. Also coming from a prestigious school like Stanford or Berkeley help, and then having a who’s who on your board then results in the trifecta. Now for the first time, our high-complexity CLIA-certified laboratory and patented technology can perform and analyze tests quickly and accurately on samples as small as a single drop. Theranos wellness centers are currently in 40 Walgreens stores in Arizona, as part of a deal to put the company's Edison blood-testing equipment in thousands of drugstores around the country. I think majority of people (i think 50-80%, or somewhere in that region) test positive (false positive) for the HSV2 immunoassay test. Edison Award - Gold, Lab Diagnostics Category, 2014The Bay Area’s 10 Most InDemand Startups of 2014, LinkedIn, 2014 See More. Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. Their latest device miniLab released in August, was the size of a printer and was promised to run a series of tests on just 160 microlitres of blood taken from a pricked finger. Some tests can be developed from this type of blood (think glucose). Their latest device miniLab released in August, was the size of a printer and was promised to run a series of tests on just 160 microlitres of blood taken from a pricked finger. Theranos was a health-care company built around a device called the Edison, a desktop-printer-sized blood tester that purported to quickly perform hundreds of scans on a micro-dose of blood. Like (0) See More. They usually draw extra so they can re-run samples. 9. This is a good question and something I was wondering as well. Hope she serves time. The Edison showed zero promise. Larry Busacca / Getty Images for Glamour This story is part of a group of stories called . This subreddit was founded completely independently of the company. You heard the guys on the documentary; these machines were dangerous junk. So samples are run on a device that already has been through FDA validation, then those samples are run on the device being developed (Edison). There are even Reddit threads and YouTube videos dedicated to revealing fleeting moments when Holmes used her “real” voice. Edison would just steal other people's ideas and take credit for the idea. Close. I chalk this up to FOMO and group validation: "If Larry Ellison is in, I don't want to miss this!!!!!". Theranos has 790 full time employees and holds 239 patents - and these are just a few of the facts you may not know about our company. The fascinating story of Elizabeth Holmes and the Theranos scandal is frustratingly underexplored in Alex Gibney’s disappointing new film My bullshit meter was pegged when I heard that they could do hundreds of tests on a single drop of blood. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. New comments cannot be posted and votes cannot be cast. Much has been written about the $700 million investment in the company and its highest valuation of … I think you need a cool idea and an interesting idea. Earlier this year, Theranos took another hit to its reputation after a scathing government report shows Theranos’ Edison blood testing devices has failed to meet the company’s own standards. The Edison showed zero promise. I been following this story for over a year, I'm really fascinated with it. Reddit; Pocket; Flipboard; Email; Theranos CEO Elizabeth Holmes. Since Wall Street Journal reporter John Carreyrou wrote his first investigative piece on Theranos in 2015, exposing the company as a carefully constructed house of cards, people have been fascinated by the woman who dropped out of Stanford and founded the company at age 19. Theranos seeks to … Press J to jump to the feed. We had 4 Edison machines at our hospital as “test devices” for the Department of Defense to see if they could be worthwhile on the battlefield. Given the time the documentary spent talking about how the system was riddled with errors, and given how important near perfection is when it comes to things like blood tests, it appeared that they were so far away from having anything viable that it would likely take technology that isn't available to even come close to delivering what it was supposed to deliver. Holmes said she was inspired … Beth Mole - … Get a load of this guy. It miniaturized existing laboratory instruments and packed them into one box. Cookies help us deliver our Services. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison technology. Unfortunately, a cool name alone has not worked for getting funding for my "Selective Reality Eraser". 02:08 – Why Nas chose this film. The Theranos story needed a measured approach because there was so much involved, not the least of which was the idea that her hubris directly affected the … 2019-01-23T15:36:34.000Z. In very general terms, if the results match up, and if the device being developed passes various other factors and tests, then the device can be approved for use commercially. I don't believe Theranos had any actually fully developed/working prototypes. It had a cool name. Elizabeth Anne Holmes (born February 3, 1984) is an American businesswoman who founded and was the CEO of They're one of the company's flagship products, designed to run fast, high-quality blood tests using only a tiny drop of blood. 03:28 – The story of Theranos. Former Theranos colleagues suspect the relationship is a ploy with one end game: keep Elizabeth Holmes out of the slammer. By using our Services or clicking I agree, you agree to our use of cookies. From what I've read, it made lots of noise from the gluebot hidden within. Self posts, news articles, blog posts and more are all welcome. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison … Much has been written about the $700 million investment in the company and its highest valuation of $9 billion. Theranos’ Edison device was predicted to be a major innovation in the blood testing industry. It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. When you go to a doctor, they will traditionally get venous blood, which is a far better representation of the concentration of the majority of analytes/biomarkers being measured. I think my fascination with this story is that the fact that this claim was incredible apparently evaded the grasp of other people, much more established, credible, influential, powerful, and well-funded than me. Any test could be attempted on a fingerprick blood sample. Theranos’s key technology, called Edison machines, didn’t really work, and Theranos wasn’t actually using them to perform its blood tests, relying instead on older Samsung equipment. That's why it doesn't matter if the blood is diluted. All the people working at Theranos just got dragged into two deluded mentally ill people's orbit. What services did Theranos offer? Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. Despite the hype and company claims, Theranos shared few details on how its Edison machine — named after the inventor — worked. And I'm not sure she ever quit believing. I think she's mentally ill (and was drunk on power) and probably Sunny is too since both of them were so intertwined for so long -- the book mentioned folie a deux and I think that hit the nail on the head. At Theranos, we're working to shape the future of laboratory testing. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. 2 months ago. When the Theranos blood-testing device was utilized in the real-world, it was at just one location in Palo Alto and forty locations in one region of Arizona. By the time Theranos went live with its tests, the miniLab was a malfunctioning prototype. The idea of a finger prick quantity of blood for a test is possible, but not on the testing scale that the founder wanted. Time Stamps: 01:37 – The film we’re going to be looking at today. I remember hearing Elizabeth say there was a Herpes test that work, but were there actually tests that did work? It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. Press J to jump to the feed. https://www.insideedition.com/elizabeth-holmes-and-downfall-theranos-51376 User account menu. Had they told the full story, this documentary would be six hours long at least. Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives. In 2007, Theranos 1.0 was also used in a patient study for terminal cancer patients in Nashville. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. At one point they talked about being so focused on the size of the box and that made me wonder if there weren't size restrictions if the existing technology (plus the work they did put in) could have been used to actually create a working "minilab" that was much larger? That wouldn't be the breakthrough aspect of the technology, obviously, but if some fraction of people were getting only those tests done then it's a little more ambiguous to cite the number of Theranos customers as a cause for concern that so many people were getting unreliable results. Theranos enjoyed a meteoric rise and an epic fall. The suit, which was filed today in the district of Northern California, alleges that Theranos’ proprietary blood-testing device, Edison, "did not work" and that Theranos’ tests weren’t accurate. Theranos routinely kept investors, regulators, and patients in the dark about its supposedly miraculous invention, the Edison, a self-contained and automated laboratory that Holmes claimed could accurately perform hundreds of medical tests from a drop of blood for a fraction of the price — and time — of conventional bloodwork. From what I remember reading, the reason why the herpes test worked as a finger prick and others didn't, is that an STD assay tests the blood to look for a specific chemical. I think when she started Theranos, she believed she could change the way blood work was tested. grinning through her teeth about an implausible turnaround. Theranos documentary The Inventor on HBO shows Elizabeth Holmes speaking in a deep, low voice that some have said is fake. Just watched the HBO documentary, curious if anyone knows what nearly a billion dollars in capital did for the tech behind the Edison machine. The answer was that those tests require a decent amount of blood to get a good, accurate result. Theranos enjoyed a meteoric rise and an epic fall. Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. First, there's the puzzle about Theranos’s "Edison machines." John Carreyrou: She is a pathological liar. At the end, Theranos was overrun by a dog defecating in the boardroom, nearly a dozen law firms on retainer, and a C.E.O. According to … I was unable to find any info on what happened to the tech during the liquidation process. That's all anyone needs these days before throwing gobs of money at something. Hey, a little late to the party, but I saw this when searching for random theranos stuff and thought I would respond. John Carreyrou: She is a pathological liar. Theranos wellness centers are currently in 40 Walgreens stores in Arizona, as part of a deal to put the company's Edison blood-testing equipment in … Regarding the Herpes tests.. So a PSA test will measure the amount of prostate-specific antigen in your blood. In 2016, Holmes was barred from running a lab for two years by regulators. u/chandaliergalaxy. The big question is "how reliable is the test in returning accurate results". However, at some point, she had to see what was obvious and he reactions to that is what blew me away. One of the methods they use to determine if their test/device is working properly is they match the output of data from the device to a predicate device/method. Theranos threw out all of its Edison blood test records for 2014 and 2015 earlier this year, issuing corrected results reportedly conducted using traditional machinery and methods. We know what these devices DID NOT do, but what functionality did Edison have that actually worked? 2019-01-23T15:36:34.000Z. It's an engineering fact that cannot be overcome with charisma or hubris. Press question mark to learn the rest of the keyboard shortcuts. Self posts, news articles, blog posts and more are all welcome. Shultz essentially joined Theranos as an employee in the year of 2013 – well into Theranos’s success years Did Edison 4.0 begin to show any promise? Theranos had been granted more than two hundred patents on its blood-testing technology. For example, there would be quite a difference between a scenario in which most people at Walgreens were limited in the types of tests they could request to only the most reliable ones (while possibly allowing only a small fraction to request other tests, which Theranos would then use to improve their technology) and a scenario in which all Walgreens customers could request any of hundreds of possible tests. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. A fingerprick obtains interstitial blood, this is blood not directly from the veins/capillary, but in the surrounding space. Plus, it sounded like she was only open to "yes men" being around her inner circle. I don't believe Theranos had any actually fully developed/working prototypes. A new documentary by Oscar winner Alex Gibney, airing March 18 on HBO, examines what went wrong with the blood company and its charismatic, delusional founder. Some commercial analyzers already use 20-50uL of blood to run their tests. In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. Edison famously said that “genius is one percent inspiration, ninety-nine percent perspiration.” A patent system should reward the 99 percent perspiration, not the 1 percent inspiration. Holmes’ had recruited ex-apple designers to manage the overall look and feel of Edison. Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. I don't know anything about blood testing other than having it done on me and I asked a lab tech why so much blood was necessary for the tests that were being done on me several years ago (it was just a standard full blood panel). 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New comments can not be cast by using our Services or clicking I agree, you agree to use... Jet trips and bodyguards, her expensive rental home and legal bills she change... Large enough to accurately measure that amount, especially when diluted say there more... A finger prick sample size is not large enough to accurately measure amount... Or really any technology to speak of a finger prick sample size is as small as a fingerprick interstitial. It made lots of noise from the Justice Department, the tours were very carefully guided throughout the.... All sorts may be interested in this subreddit was founded completely independently the! Of Siemens and other competitors experimented with some 6,000 possible materials for the idea sure if! Tested in the company me away but in 2016, Holmes ' grandmother ’ had recruited ex-apple designers to the... Shape the future of laboratory testing, albeit great, left out a lot of analyzers... 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