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Theranos TM and the golden opportunity to revolutionize our diagnostic and pharmaceutical industries.

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Theranos TM and the golden opportunity to revolutionize our diagnostic and pharmaceutical industries.. Elizabeth Holmes, the multi-billionaire young and bold founder of company about 10

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Theranos TM and the golden opportunity to

revolutionize our diagnostic and pharmaceutical

industries

Liem Phan

TheranosTM and its novel diagnostic device are

taking the world of diagnostics and pharmaceutical

industries by storm Ms Elizabeth Holmes, the

multi-billionaire young and bold founder of

company about 10 years ago in California at the

age of 19 With her determination to make disease

diagnosis and health screenings more affordable,

more accurate, faster and less painful, Holmes and

her colleagues at Theranos, have developed

innovative apparatus combining microfluidics

technology, nanotechnology, and biotechnology

According to Theranos, these creative

lab-on-a-chips are able to deliver precise and rapid

diagnostic results for a variety of disease

biomarkers and health monitoring parameters at

much lower costs compared to the prices of

current services on the market Moreover,

Theranos' chips only need tiny amounts of blood

samples to perform complex lab tests, which

significantly facilitate the sample collection,

storage and transport procedures In addition,

Holmes and her teams also invented a new method

to collect blood from patients with almost no pain

Holmes expects that with this quasi-painless blood

collection procedure, and the advantages of

Theranos' novel platform, affordability, speed,

accuracy and excellent services, patients will

finally feel much more comfortable with lab tests

than before

Furthermore, Theranos has integrated

information technology in their service to quickly

deliver digital diagnostic results to patients and

their healthcare teams This is a smart strategy that

may significantly improve healthcare However,

the confidentiality of patients and their health

records should be considered a top priority for

Theranos This young and innovative startup is

currently backed by multiple prestigious investors,

including Larry Ellison, the co-founder of Oracle Corporation Theranos has recently made their appearance in multiple media channels such as BBC, Fortune, USA Today, Fox, Tech Crunch, among others The company has signed a deal with Walgreens Inc., to establish TheranosTM Wellness Centers across the US, bringing Theranos's services closer to customers

Ms Elizabeth Holmes, the CEO, founder and chairman of Theranos TM (Picture credit:

Theranos)

inventions could be well beyond the field of diagnostics In fact, their devices can also be used

to monitor in real time the physiological responses

of our bodies to medications, which may remarkably accelerate therapy development in pharmaceutical industry and enable physicians to quickly determine optimal treatment plans for patients Although it is still early to fully evaluate the potentials and capacities of Theranos' ground breaking devices, the fascinating story of Ms Elizabeth Holmes, another Stanford dropout and pioneering entrepreneur, is certainly an inspiring example for our young generations

| www.vjsonline.org 2 VJS | January 2015 | Volume 2 | Issue 1 | c111408

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