27 May 2016

Theranos Sued Over Faulty Blood Tests

Original Story:  siliconbeat.com

Things keep getting worse for Theranos.

A new lawsuit accuses Thernos of misleading customers about the accuracy of its blood tests, a week after the embattled Palo Alto company reportedly admitted to voiding two years of results.

The class-action lawsuit filed in San Francisco federal court on Wednesday claims Theranos’ breakthrough product, which was supposed to provide a revolutionary way to conduct tests with just a few drops of blood taken from a patient’s finger, didn’t work.  Contact a Los Angeles product liability lawyer if you need assistance with a case.

“As a result, tens of thousands of patients may have been given incorrect blood-test results, been subject to unnecessary or potentially harmful treatments, and/or been denied the opportunity to seek treatment for a treatable condition,” the complaint states.

The Edison machines, used at Walgreens Pharmacies in California and Arizona to conduct the finger-prick tests, have caused Theranos significant headaches. The Wall Street Journal reported last week that the company told federal regulators it threw out all Edison test results for 2014 and 2015. The Centers for Medicare and Medicaid services are considering pulling Theranos’ licenses and banning founder Elizabeth Holmes from the industry.

The lawsuit, brought on behalf of an Arizona man, claims Theranos told patients its tests were accurate and validated by the FDA and other bodies, when in reality the company was in hot water with regulators over its lack of compliance. In February 2015, an Edison device testing hormone levels failed 87 percent of quality-control checks, according to the complaint.

The suit also claims Theranos misled the public by claiming it was using the Edison devices for certain tests, when it really wasn’t.

The suit seeks to represent thousands of people who purchased Edison blood tests.

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