Slashdot Mirror
Elizabeth Holmes Finally Releases Theranos Data, Including A 'miniLab' (cnbc.com)
An anonymous reader quotes a report from CNBC: Theranos CEO Elizabeth Holmes Monday outlined the steps she will take to increase transparency regarding the efficacy of the company's testing methods. Speaking at the conference of the American Association for Clinical Chemistry, Holmes said that Theranos will partner with other institutions "to validate and publish our results." And Holmes' planned presentation includes research conducted under Institutional Review Board-approved protocols. The company also said it intends to submit its results to a publication for peer-review. Holmes' presentation includes a slate of new products such as its miniLab, a robot that can process samples that normally require manual processing in traditional protocols. Theranos seems to be going back to the research and development drawing board, focusing on these new products instead of its much-debated small-volume blood collection technology. Theranos' miniLab is a self-contained laboratory that allows a robot to run a number of tests on samples. The miniLab contains different modules that allow it to conduct a series of tasks that traditionally would require multiple, separate machines. Theranos used its miniLab to run its Zika nucleic acid-amplification-based assay using finger-prick samples the company collected, some in the Dominican Republic. The samples were shipped back to Palo Alto, California, for analysis. Holmes said the results "demonstrate the miniLab's ability to perform automated, integrated molecular testing comparable to methods that require highly-trained personnel."
I thought she was sidelined for 2 years? Seriously, what blessed lives these people lead to be taken seriously after screwing up so terribly. If I messed up half that bad at my job I'd be out on the street.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
While the article briefly mentions it, it is fascinating to note the process she has been claiming for years to be reliable, fast and needing only a prick of blood has been left out of the mix.
Nope, she's not going to go down that route and open up the scam she's been running, instead deflecting by pointing out, "Shiny!", never mind all that other stuff she's been lying about.
I wonder how many more investors will continue to pour their money down the black hole this women continues to more deeply dig.
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
Is this an absolute fucking joke??
The ship for "transparency" sailed about 6 months ago, before the mass media fully exposed her and Theranos as being outright frauds as individuals and as a technology company. The moment is gone, pack it up Elizabeth....
Anyone interested in what the "new Theranos" is should approach it as if it were a brand new company, with little/no track record and in the very early R&D phase. Perhaps with even more caution than that, if only to protect themselves from their historical baggage, and if not then at least to penalize socially irresponsible corporate practices.
No, there was no data released. Just a promise to release it, along with a new product announcement.
Yes, the company did say that it would release data at the conference, but this did not happen.
The real "Libtards" are the Libertarians!
No, jail is no option because she is a woman. If men get into prison, then its because they either raped women or because they were about to. But if women get into prison this is rape itself, because women get raped in prison. Therefore all feminists must fight for any accusations made against any woman because otherwise yet another woman will get to prison and will be raped.
The reason why frauds like this persist has more to do with the media pushing the company's success story than the founders themselves. In the video attached to the article, you can see reporter Meg Tirrell bending over backwards to find the silver lining for Therenos. A little bit more realism and expertise in journalism would go a long way to preventing this harmful hype.
Fast Federal Court and I.T.C. updates
Sounds like the "minilab" is their back up plan.
Who was it that said, "The minute you have a back up plan, you’ve admitted you’re not going to succeed.”
"No, jail is no option because she is a woman"
Don't tell Martha Stewart that; she'll be pissed she had to be federally raped for 6 months
Pain is merely failure leaving the body
Uh, the reason why the competitive tests like Quest and LH cost more is because they actually work. Theranos is an outright fraud that was designed from the start to bilk clueless biotech generalist funds out of their cash.
Moron.
Moron, wow, your narrow assumption then is that no new technology will ever be created that will be cheaper, more effective and more efficient , you do realize you are on a tech site?
"It's not like silicon valley." and that's why it's slow and takes decades if not centuries to develop and release anything new. Theranos was FDA approved, it didn't just pop up and start doing things, they went through there same hoops just with a large number of Washington insiders pushing it.
Keep posting and hiding behind Anonymous Coward.... It shows nothing beyond a 110.
Faced with a theory and some evidence apparently supporting it, the questions me must ask are:
1) What serious attempts have been made to find counter-evidence for this theory?
2) How thorough have you been in listing things which could make your theory false?
3) What sort of counter-evidence would disprove your theory?
4) What assumptions are you depending upon when reasoning from empirical data to conclusions?
If people are still playing the 'here is proof it works' game, what they are doing is probably not scientific.
If a company or research group has not done the above, at best they have an early investigation into an area and a few educated guesses as to what is going on (and only then if they make it clear that this is the case). If they have not made serious attempts to disprove their theories, and have not made clear the limitations of their current understanding, and are passing off what they are doing as scientific, it is pseudoscientific. Simple as that. Science depends on a brutal honesty rooted in the desire to prove yourself wrong whenever you can, and to be clear what you have tried, what you could have tried, what you have not tried, and how you think others could demolish the theory you are putting forward. That brutal, ego-destroying attitude is central to proper science (see Feynman's Cargo Cult Science talk for a good exposition on this for a general audience).
The trouble is, that in many areas, if one removes all the 'science that is not science', there's not a whole lot left.
John_Chalisque