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n2doc

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Home country: USA
Current location: Georgia
Member since: Tue Feb 10, 2004, 01:08 PM
Number of posts: 43,041

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Environmental Scientist

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Theranos founder Elizabeth Holmes banned for two years

Embattled biotech company Theranos says that federal regulators have revoked the license of its California blood-testing facility and banned founder Elizabeth Holmes from owning or operating a laboratory for two years.

Theranos said it was notified of the sanctions by the Centers for Medicare and Medicaid Services on Thursday.

The company faces a civil financial penalty, and regulators have also canceled the lab's approval to receive Medicare and Medicaid payments.

more
http://money.cnn.com/2016/07/08/technology/theranos-elizabth-holmes-banned/index.html

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