Posted On: 06/01/2016 12:09:10 PM
Post# of 9144
Of interest in the rapid diagnostic realm
Theranos, the darling of rapid diagnostics valued at $9 BILLION in 2015 until last autumn when the WSJ investigated and reported on inaccuracies in test results for their technology, just took another hit from Forbes.
"Forbes just cut its estimate of Theranos CEO Elizabeth Holmes' net worth from $4.5 billion to zero"
http://www.msn.com/en-us/money/companies/forb...spartandhp
If Theranos, with a technology that doesn't work well, if at all, could at any time have been valued at billions, what is the potential of a small company with REAL TECHNOLOGY in rapid diagnostics like Nanologix?
I bet Lizzy Holmes said the word "Ouch!" and can't even find a diagnostic for what ails her
Scott
Theranos, the darling of rapid diagnostics valued at $9 BILLION in 2015 until last autumn when the WSJ investigated and reported on inaccuracies in test results for their technology, just took another hit from Forbes.
"Forbes just cut its estimate of Theranos CEO Elizabeth Holmes' net worth from $4.5 billion to zero"
http://www.msn.com/en-us/money/companies/forb...spartandhp
If Theranos, with a technology that doesn't work well, if at all, could at any time have been valued at billions, what is the potential of a small company with REAL TECHNOLOGY in rapid diagnostics like Nanologix?
I bet Lizzy Holmes said the word "Ouch!" and can't even find a diagnostic for what ails her
Scott
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