What was a major financial setback for Theranos mentioned in the video?
Does Theranos CEO's Ban Signal the End for the Company?

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Loss of a major investor
Increase in production costs
End of partnership with Walgreens
Decline in stock prices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the CLIA certificate for Theranos?
It enables them to partner with pharmacies
It grants them tax benefits
It permits them to operate labs
It allows them to sell their technology
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What consequence did the loss of the CLIA certificate have on Theranos?
They had to close all their offices
They lost their patent rights
They had to pay a large fine
They could not operate any lab for two years
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the Theranos scandal affect the perception of health tech startups?
It increased investor confidence
It resulted in more partnerships with tech companies
It led to more government funding
It planted suspicion among investors and journalists
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key difference between software and health tech development highlighted in the video?
Software development is more regulated than health tech
Health tech can be updated frequently like software
Software companies face more legal challenges than health tech
Health tech requires more rigorous testing and cannot be 'faked'
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