I read the original article, and what I understood after reading it, was that Theranos had developed a new technology for testing small samples of blood that could be obtained from a finger prick, and could do so inexpensively (sometimes for 1&#x2F;10th the prior price).<p>Theranos never made it clear that (A) many (most?) of the tests were not done using Theranos equipment, but by third party diagnostic equipment, and that (B) some (many?) of the tests still required a traditional blood draw.<p>I understand why Theranos might not want to make that clear (dilutes the value of their story) - it just seems to be the sort of thing that they should have realized would come out eventually, and better to get ahead of it.<p>Still hoping that Theranos manages to accomplish even 1&#x2F;2 of what I thought they were doing.