After a long, slow fall, the blood-testing company is officially dissolving.
Some background: In 2014, Theranos rocketed to public attention with its claims of a revolutionary blood-testing system. The next year, a Wall Street Journal investigation raised concerns about the validity of Theranos’s finger-prick diagnostic technology, prompting us to name it one of the biggest technology failures of 2015. Later government investigations revealed numerous problems with the startup. Earlier this year, CEO Elizabeth Holmes was charged with massive fraud by the US Securities and Exchange Commission, resulting in her stepping down from her leadership role.
The news: An e-mail to shareholders released by the Journal yesterday revealed that the end has finally come for Theranos. It will be formally dissolving and distributing its remaining capital to unsecured creditors.
The final number: In total, the company’s investors will have lost almost $1 billion.
How scientists want to make you young again
Research labs are pursuing technology to “reprogram” aging bodies back to youth.
Inside the billion-dollar meeting for the mega-rich who want to live forever
Hope, hype, and self-experimentation collided at an exclusive conference for ultra-rich investors who want to extend their lives past 100. I went along for the ride.
Human brain cells transplanted into baby rats’ brains grow and form connections
When lab-grown clumps of human neurons are transplanted into newborn rats, they grow with the animals. The research raises some tricky ethical questions.
The debate over whether aging is a disease rages on
In its latest catalogue of health conditions, the World Health Organization almost equated old age with disease. Then it backed off.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.