Theranos is a biotech company that claims to develop a technology that facilitates the early detection and prevention of disease.
Industries BiotechnologyConsumerHealth CareHealth DiagnosticsDiversity Spotlight (US Headquarters Only) Women FoundedHeadquarters Regions San Francisco Bay Area, Silicon Valley, West Coast Closed Date 2018 Founded Date 2003 Founders Elizabeth Holmes Operating Status Closed Last Funding Type Debt Financing Also Known As RealTime Cures Legal Name Theranos Inc.
Company Type For Profit
Contact Email info@theranos.com
Theranos is a biotechnology company founded by Elizabeth Holmes in 2003. The company claimed to have revolutionized blood testing by developing a proprietary technology that could quickly and accurately conduct a wide range of tests using just a few drops of blood obtained through a fingerstick.
However, in 2015, a series of investigative articles
by journalist John Carreyrou in The Wall Street Journal raised serious doubts about the accuracy and reliability of Theranos' technology. The articles alleged that the company misled investors, patients, and doctors about the capabilities of its blood-testing technology. Subsequent investigations revealed that Theranos' technology was far from being reliable and accurate as claimed.