Fighting against a federal investigation and lawsuits, Theranos's 32-year-old founder showcased a new technology and attempted to set a new tone for the company. Holmes promised to provide more data on its technologies for review, after being criticized for the company's secrecy in the past. Questions about the older technology — or anything other than the new box Holmes described in lavish technical detail — weren’t allowed. Several scientists said that the presentation, insulated from the real, deep questions that have arisen about Theranos for months, was reasonable. With sanctions looming that will ban Holmes from owning or operating a laboratory, the focus on introducing a new device would seem to offer a path forward as questions hang over the company's clinical laboratory business.
Source: Washington Post August 02, 2016 23:53 UTC