This Company Could Be the New Theranos

This Company Could Be the New Theranos
AP Photo/Jeff Chiu, File

It also has a lot in common with Valeant—and not in a good way.

Here's the story of a a former darling biotech company, which was once worth as much as $4.5 billion. It has a technology that allows it to do a variety of diagnostic tests on just a few drops of blood. And this year it's run into a world of trouble.



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