Tag Archives: American Association for Clinical Chemistry

First Investor Sues Theranos for Fraud; More Likely to Join Queue

A San Francisco-based hedge fund that invested $96.1 million in Palo Alto-based Theranos Inc. is suing the blood-testing company, according to The Wall Street Journal. Partner Fund Management LP invested… Read more »

Theranos Pivots From Blood Tests to New Lab Product; Will “Phoenix” Effort Succeed?

Beleaguered startup Theranos Inc. (Palo Alto CA) will close its blood-testing labs and fire about 340 workers, shifting its focus to an experimental technology following months of run-ins with regulators and… Read more »