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Blood-testing startup Theranos said to be closing

Blood-testing startup Theranos said to be closing

6 years ago
Anonymous $oIHRkISgaL

https://apnews.com/78747ece8fbc403194d6e9a986437fb7

NEW YORK (AP) — The once-heralded blood-testing startup Theranos is shutting down, according to a media report.

Theranos was unable to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5 million in the upcoming months, according to an email The Wall Street Journal obtained that CEO David Taylor sent to shareholders.