Even As Observers Write Its Obituary, Theranos Pushes Expansion Narrative
The bedeviled blood-testing startup has posted 200 job openings and has recently made several higher-level moves as well.
Theranos Plans Bold Expansion Even As It Reels From New Setbacks
As the ship keeps sinking, Theranos hasn’t stopped shuffling the deck chairs. The Silicon Valley company that promised to revolutionize blood testing has had so many setbacks lately that it’s getting hard to keep track. Theranos is under criminal and civil investigation. Federal regulators are considering revoking the license of its California lab and banning its chief executive from the industry for two years. Just this week, news broke that it had voided two years of test results from its signature blood-testing devices. (Robbins and Keshavans, 5/19)