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Theranos was supposed to revolutionize blood tests. Now its CEO faces an industry ban.

Posted by Steve Schram on April 15, 2016 at 12:17 PM

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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