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The end of the Vampire Era in medicine, thanks to "(...) [D]evices that automate and miniaturize more than 1,000 laboratory tests, from routine blood work to advanced genetic analyses. Theranos's processes are faster, cheaper and more accurate than the conventional methods and require only microscopic blood volumes, not vial after vial of the stuff. The experience will be revelatory to anyone familiar with current practices, which often seem like medicine by Bram Stoker."
Is #Theranos the creative destruction of lab testing? http://t.co/JA1dOAUtCE and http://t.co/VWQE9GyDws #indivmed #CDoM
— Eric Topol (@EricTopol) September 11, 2013
The Steve Jobs of Medicine? Elizabeth Holmes' and Theranos - http://t.co/Ja4srnuSGG
— Susan Swift (@SusanInGlendale) September 7, 2013
Articles
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"Only about 62% of tests that doctors order are ultimately carried out, according to health-policy researchers at the Lewin Group. One reason tests aren't performed: not enough blood. To ensure that labs don't reject samples, several studies have documented that medical institutions sometimes collect as much as 45 times the amount of blood from patients that conventional tests actually require.
Luckily, blood is a renewable resource, though the small Theranos sample size is a particular advance for the elderly, for whom blood draws can be agony because of collapsed veins. It's also good news for children who fear needles, and for oncology patients, whose blood is being constantly tested." !!!!
"Ms. Holmes says Theranos can conduct a battery of tests for "tens of dollars," a phrase that does not exist in U.S. health care. She calls it 'a watershed opportunity to change the trajectory of health costs through price transparency.'"
"The other obvious tech reality is that the devices keep shrinking, and over the last several years Theranos has been granted several patents for portable diagnosis system at the point of care. One of them even invokes—forget the iWatch—a wearable diagnostic device that would attach to the body with silicon microneedles 'about the size of a human hair.'"
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