Reply to post: Bloodletting has begun

Bio biz Theranos probed

a_yank_lurker

Bloodletting has begun

Theranos and Holmes are in the crosshairs of the ferals because of their own stupidity. The time to develop and certify a medical test is rather lengthy and expensive partly because of bureaucratic incompetence but also because one should be inherently cautious about approving a test until one is confident of its precision and accuracy (they mean different things to an analytical chemist). I doubt a Silicon Valley VC has that much experience with highly regulated industry like healthcare.

Medical mistakes have a nasty habit of sometimes killing someone. That should be a sobering thought to anyone no matter what you do in the field.

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