Theranos Damage Control, Tesla Earnings and the Jobs Report
ByHere’s a look at what’s coming up this week:
Elizabeth Holmes, the founder and chief of Theranos.CreditBrendan McDermid/Reuters
TECHNOLOGY
A troubled drug company’s effort to restore credibility.
Elizabeth Holmes, the founder and chief executive of the beleaguered blood-testing company Theranos, is scheduled to speak Monday at the annual meeting of the American Association for Clinical Chemistry in Philadelphia. In an effort to restore Theranos’s credibility — and her own — Ms. Holmes is expected to present what will essentially be the first data shared by the secretive company about its technology, which is said to require only a finger prick of blood to perform multiple medical tests. Ms. Holmes will then answer questions from what is sure to be a skeptical audience of medical laboratory experts. The company has been criticized for not publishing data in peer-reviewed medical journals, but that is the least of its problems. Government regulators, citing numerous deficiencies in testing procedures, have barred Ms. Holmes, a 32-year-old Stanford dropout, from owning or operating a clinical laboratory for two years. And Walgreens has closed the Theranos testing centers in its drugstores. Andrew Pollack…
Theranos Damage Control, Tesla Earnings and the Jobs Report
