CNN The Inventor Out for Blood in Silicon Valley June 4, 2024 04:44:00
In-store testing. but theranos was running out of money and needed investors. and needed the walgreens deal to attract new investors. so elizabeth sold walgreens on a stopgap measure without the edisons. instead of testing blood on site, patient samples would be sent to palo alto, where theranos had hastily constructed a clinical lab. many of the technicians were inexperienced. when one lab director quit, theranos replaced him with a dermatologist. due in part to the walgreens launch, theranos was able to raise over $400 million from new investors, like the walton family, betsy devos, the owne...