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FDA calls Theranos vial an 'uncleared medical device'

Theranos CEO defends company

One of Silicon Valley's hottest startups remains under fire.

On Tuesday, the U.S. Food and Drug Administration released two heavily redacted reports citing 14 concerns with the biotech startup.

Two weeks ago, the Wall Street Journal published a damning expose about Theranos.

Valued at more than $9 billion, Theranos says it has developed a revolutionary approach to blood testing. It has raised millions of dollars on its claim that its technology...


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