LA, playing devil's advocate here, isn't comparing 23 and Me and Theranos sort of apples and oranges? Theranos is offering standard testing by physician order whereas 23 and Me is selling genetic data of sometimes uncertain significance direct to the consumer.Will suffer the exact same fate as 23 and Me. Hence why they have been hiding in the shadows. All it is a point of care analyzer, of which there are dozens of models already in the market. All they are doing differently is microsampling.
Also the board of directors looks more like a team to negotiate peace with Iran rather than an actual biotech board. That and the founder has essentially no real lab experience whatsoever and not the slightest about JCAHO, proficiency testing and CMS etc.
But hey she is young and hot and that will definitely allow you to take peoples' money.
Even if patients do order their own Theranos lab work, so what? I just don't see the issue here for pathologists. Unless you are component billing CP tests, there is no big deal here. And if you are, that is going away soon anyway.I'm on like 3 or 4 other pathology listservs and Theranos discussions have been filling up my email. Their ultimate goal seems to be allowing patients to order their own lab work. I guess I am old school and still think it should be physician-directed.
This isn't just your generation. If you polled the US and asked how many believe healthcare is a basic right, at least half the country would respond affirmatively.Their theranos website is just nutty. At the bottom it says, "we believe access to accurate, affordable, real-time diagnostic information is a basic human right."
I LOVE THIS!!! So if I'm a pathologist, and I refuse to use theranos, even if it's faster than my own lab, I'm denying zillions of people their basic human rights!!!!!
If you live in a forest and you have no theranos and no pathologist of any kind, your human rights are also being violated! There's no theranos where I live!! Call the press and amnesty international!
My opinion of that sentence would violate some rules here I'm sure, so I'll just say those people need to think harder. Much harder.
My generation isn't too smart sometimes. Sigh.
Yes but with Theranos you could get that result within 3-4 hours!Hell, I get my PT/INR results online within an hour using a local laboratory.
But it is more than just a lazy way of saying it is a reasonable good. If something is framed as a right it carries weight and demands government protection. I'm not sure if the average American is as thoughtful as a post and just doesn't know the difference, or if the single-payor lobby is quite clever for framing it as a rights issue, or both. Sorry for straying from topic.Exactly. Goods and services that have to be provides by others cannot be rights. You have a right to pursue accessing healthcare, but you have no right to force someone to provide it to you. I have the right to become a salesperson or actuary before training myself to provide medical services. Forcing me to do so violates my right to live as I please (i.e. Pursue happiness).
Now, does a wealthy society have a self interest in providing reasonable access to quality healthcare to all citizens? That's the better question. Claiming it a right is just the lazy way of going about it.
I suspect their intended market will be pharmacy clinics, outpatient clinics, and such. More like Quest as a point of care thing. So in a sense they want to be a massive POC operation. This is going to be difficult in terms of regulation, I would think. Rules for POC are getting more and more onerous. If they want to have a central lab where people send their specimens...good luck with that. With labs like that the major hurdle for TAT is transport and unless they are planning to revolutionize the transport system (which would be fascinating but have nothing to do with their technology) that tactic obviously is a non-starter for being revolutionary. They may improve TAT on some tests which are historically batched at larger reference labs, but most of those tests are not stat anyway.It's funny watching a company call itself revolutionary and then try to become like Labcorp/Quest.......Good luck with that. It will be pretty expensive to build the same infrastruture they already have and charging "client bill" prices. What exactly is the pull through business to make some money?
You need those four tubes of blood because different tests require the blood preserved in different ways, and because inevitably the doc will call hours or days later to add on tests or send out for more obscure tests. Each individual test probably uses the same blood volume per test that Theranos is bragging about.He added, “You don’t need four tubes of blood” for a range of tests, or “this 1940 technology.”
Yeah, I know. They basically are building a lab business with different instruments, slightly less blood, and probably equivalent (or worse given need for couriers) TAT for the majority of tests. REVOLUTIONARY.I wonder if anyone with Theranos has actually been in a modern lab....Article says Theranos is going to need to build many laboratories, hire couriers, build infrastructure etc...Good luck with that.
Not to mention lower sample quality from milking the drop of blood from the fingertip.Yeah, I know. They basically are building a lab business with different instruments, slightly less blood, and probably equivalent (or worse given need for couriers) TAT for the majority of tests. REVOLUTIONARY.