Government regulators banned the theranos founder from operating laboratories following a company review. Its the latest setback for the california-based blood-testing startup. · theranos says founder and ceo elizabeth holmes has been banned by the federal government from owning or running a medical lab for two years. But now, federal regulators say they will bar the companys dynamic founder. Palo alto, calif. Is fighting for its life after regulators decided to revoke its license to operate a lab in california because of unsafe practices and to ban founder. · silicon valley startup theranos inc. · the centers for medicare and medicaid services announced thursday that it has barred theranos founder and ceo elizabeth holmes from the blood-testing business for two years , according to a statement on the companys website. (ap) — theranos says the federal government has banned. · theranos was poised to revolutionize the blood testing industry by using only a few drops of blood in inexpensive tests. United states regulators have banned elizabeth holmes, the chief executive of theranos, from owning or operating a medical laboratory for at least two years, in a major setback for the embattled blood-testing firm and its once widely lauded founder. · elizabeth holmes , the founder of the blood-testing startup theranos who was once the darling of silicon valley, has been barred from running a laboratory for two years.
