Edison
A prototype blood-testing device developed by Theranos, claimed to perform multiple tests from a single drop of blood, but in practice capable of completing only a small number of assays.
Timeline (last 90 days)
Elizabeth Holmes is the founder of Theranos, a company that developed a prototype blood testing device called "Edison".
Holmes claimed that the Edison device could complete more than two hundred tests from a single finger-prick drop of blood, including routine blood biochemistry, coagulation function, and some genetic tests, at a cost far lower than traditional laboratories.
The Edison device could in reality reliably perform only a handful of tests, and the company used third-party traditional instruments such as Siemens for the rest of the testing while concealing this fact from investors and partners.
The 'War of Currents' between Edison and Westinghouse in the 1880s ultimately ended with the victory of alternating current, directly driving the development of high-voltage power transmission technology.
All Facts (4)
Elizabeth Holmes is the founder of Theranos, a company that developed a prototype blood testing device called "Edison".
50%UnverifiedHolmes claimed that the Edison device could complete more than two hundred tests from a single finger-prick drop of blood, including routine blood biochemistry, coagulation function, and some genetic tests, at a cost far lower than traditional laboratories.
50%UnverifiedThe Edison device could in reality reliably perform only a handful of tests, and the company used third-party traditional instruments such as Siemens for the rest of the testing while concealing this fact from investors and partners.
50%UnverifiedThe 'War of Currents' between Edison and Westinghouse in the 1880s ultimately ended with the victory of alternating current, directly driving the development of high-voltage power transmission technology.
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