8 Facts About Theranos

1. In 2013, Theranos announced a partnership with Walgreens to launch in-store blood sample collection centres.

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2. In 2014, Theranos was valued at $9 billion, making Holmes, who was touted as "the next Steve Jobs", the youngest self-made female billionaire in the world.

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3. In 2004, Theranos was based in a rented basement near the Stanford campus.

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4. In February 2016, Theranos announced that it would permit the Cleveland Clinic to complete a validation study of its technology.

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5. In July 2016, Theranos announced that the CMS had revoked its CLIA certificate and issued sanctions prohibiting its owners and operators from owning or operating a lab for two years, suspension of approval to receive Medicare and Medicaid payments, and a civil monetary penalty.

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6. In July 2016, Theranos received sanctions from the CMS, including the revocation of its CLIA certificate and prohibition of Holmes and other company officials from owning or operating a lab for two years.

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7. In September 2013, Theranos partnered with Walgreens to offer in-store blood tests at more than 40 locations.

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8. In 2004, Theranos was based in a rented basement located near the Stanford campus.

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