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The Wall Street Journal: Embattled Theranos rolls out new blood-testing device

PHILADELPHIA — Theranos Inc. founder Elizabeth Holmes announced a new blood-testing device at an academic conference here Monday but didn’t address problems found with the company’s earlier machines.

At the annual meeting of the American Association for Clinical Chemistry, a group of laboratory scientists, Holmes described a device, called miniLab, resembling a computer printer. Theranos says it can run tests accurately on as little as 160 microliters of blood, or a few drops, pricked from a finger.

“We’re pleased to share our technologies with the entire laboratory industry. It’s the beginning of the next phase of the company, as we introduce our technologies to the world,” Holmes said in a news release issued by the Palo Alto, Calif.

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