From 2015: Part of the Theranos story is the tension between commerce, science, and stealth.
’s John Carreyrou reported that Theranos has “struggled behind the scenes to turn the excitement over its technology into reality.” Rather than a tale of technological and commercial triumph, Carreyrou told one of wonky equipment, skeptical employees, legal threats, and evolving standards of “marketing accuracy.” According to the, as of late 2014, Theranos was running less than ten per cent of its tests on its own machines.
Holmes and the company say this is normal, that Theranos is only trying to protect itself and its trade secrets while it creates something new. The company says that it has taken steps to get its tests approved by the F.D.A. But there are many who say that health-care technology can’t be afforded the same hushed reception as a new model of the iPhone. “Science is peer-reviewed,” Lakshman Ramamurthy, a former F.D.A.
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