Theranos

Separating hype from reality in health tech

Data: Kaiser Family Foundation Health Apps and Information Survey; Chart: Andrew Witherspoon/Axios

Tech companies trying to disrupt the health care system still have a long way to go.

Why it matters: Splashy health tech announcements are everywhere, but many are more hype than reality, according to a poll conducted for this column.

Theranos founder's defense

In this image, Holmes stands holding an arm across her stomach while waiting for an elevator.
Elizabeth Holmes arrives at federal court in San Jose, Calif. on June 28. (Photo: Justin Sullivan/Getty Images)

Theranos Inc. founder Elizabeth Holmes aims to "put investigative journalism on trial" to defend herself against "massive" criminal fraud charges, Bloomberg's Joel Rosenblatt reports.

What's happening, per Bloomberg: "Holmes contends Wall Street Journal reporter John Carreyrou had an undue influence on federal regulators who concluded her blood-testing startup’s technology was a threat to patient health."