Theranos enables consumers to perform blood tests quickly and at low prices. Theranos has a large number of locations in which consumers can perform required blood tests at low cost and review their results using the Theranos mobile app.
According to the Wall Street JournalTheranos unique technology and pricing plan could lower testing to total health costs to 1. The company was founded by a Theranos student, Elizabeth Holmes, who decided to follow the path of other famous startup founders and dropped out of college to focus solely on her startup initiative.
Theranos is very secretive about its financial and business status and hardly shares any information with the public. This secrecy strategy goes beyond business information, and even technical medical information is not revealed, and that might be an issue when dealing with the medical industry. The company provides no comparisons showing how individual blood samples lined up against each other, no scatterplots of antibody counts, nothing quantitative that scientists can use to verify the results for themselves.
Having said that, receiving an FDA approval for performing the blood tests as well a couple of dozen patents registered to Theranos keep their customers calm about the accuracy of the tests.
Moreover, Theranos signed some partnership deals recently with health theranos Capital BlueCross, AmeriHealth and Caritas in a move that can increase Theranos's potential clients significantly. If Theranos's services are mainly available right now at Walgreens locations, the new deals will probably drive Theranos to open additional dedicated Wellness Centers as the company did in Arizona when it opened dozens of centers. In a scenario in which Theranos goes public and files its S-1 with the SEC, it would be extremely interesting to see whether the disruptive diagnostic blood test provider is profiting from its technology and unique methods.
Diagnostic blood test service provider Theranos is one of the hottest names in the healthcare industry these days. Theranos operates under a shade of secrecy, so not much is known about its financial and business status.
Centene Is Health Reform In Action. The information provided in this article is for informational purposes only and should not be regarded as investment advice or a recommendation regarding any particular security or course of action. This information is the writer's opinion about the companies mentioned in the article. Investors should conduct their due diligence and consult with a registered financial adviser before making any investment decision. Lior Ronen and Finro are not registered financial advisers and shall not have any liability for any damages of any kind whatsoever relating to this material.
By accepting this material, you acknowledge, understand and accept the foregoing. The views expressed in the article are of individual authors and are not necessarily supported by Amigobulls.
We do options hold any stake in the aforesaid stocks. Please read our detailed disclaimer. This post has been submitted by an independent external contributor. This author may or may not hold any positions in the stocks discussed. Neither Amigobulls, nor any members of its staff hold positions options any of the stocks discussed in this post.
The author may be paid by Amigobulls for this contribution, options the paid contributors program. However, Amigobulls does not guarantee the authenticity or accuracy of the information provided by the author in this post.
The author may not be a qualified investment advisor. The opinions stated in the post should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses.
Amigobulls does not have any business relationship with any of the companies covered in this post. Revolutionizing Diagnostic Medicine Under Heavy Secrecy. Posted by Lior Ronen on July 23, Healthcare company Theranos is one of the hottest names in biotech these days.
Theranos provides a cheap and simple way to perform blood tests using just a few drops of blood. Share this article via Email Share this article stock Twitter Share this article on Facebook Share theranos article on linkedin Share this article on GooglePlus. Comments on this article and ISRG stock. Do share this awesome post. Intuitive Surgical Stock Articles Theranos Scandal Can Shake The Private Equity Market.
Alphabet Inc Stock Remains A Good Buy Despite The Recent Slump - Google. The Rally In Micron Technology, Inc. MU Stock Is Far From Over. NVIDIA Corporation NVDA Stock Is Still A Great Buy, Here Is Why.
Why AMD Stock Looks Poised For An Uptick - Advanced Micro Devices Inc. FB Stock Is A Solid Growth Play, Keep Buying On Dips. ISRG News Intuitive Surgical Reports New Employee Option Grants for June Should You Make a Bet on the Healthcare Stocks? Should Investors Forget the Obamacare Battle and Focus on HealthTech Stocks Instead?
Top Stocks We Track. Engage your wealth management clients with video statements. Join Us On Follow amigobulls. Historical, current end-of-day data, and company fundamental data provided by Zacks. All information provided "as is" for informational purposes only, not intended for trading purposes or advice.