Originally published on April 13, 2016 on Vox by Julia Belluz
Elizabeth Holmes once promised to disrupt the multibillion-dollar blood testing industry with her revolutionary finger-prick tests.
Now the 31-year-old founder of biotech startup Theranos may be on the brink of being banned from the industry entirely.
According to a March 18 letter obtained by the Wall Street Journal — the latest revelation in the newspaper's impressive investigation into Holmes's crumbling empire — US health regulators are threatening to close down Theranos because the company failed to address deficiencies that pose a threat to patient health and safety.
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