Pushers of PCR, Rapid/antigen, and drug dissolution tests should pay attention.
SAN JOSE, Calif., Nov 18 (Reuters) – A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion.
“U.S. Attorney Stephanie Hinds said the sentence for Holmes “reflects the audacity of her massive fraud and the staggering damage she caused.” (Link)
The PCR, Rapid/antigen and dissolution testing fall under the false (invalid) testing category. More details here (Link, Link, Link).