As far as hopes for the future of biology goes, I hope that Theranos will introduce something like Moore's law into blood testing prices.
Isn't Theranos currently going down in flames?
because Theranos focus on producing cheap blood testing while currently the companies in the market have no incentives to test cheaply.
Why wouldn't they have such incentive? It seems that Theranos could offer prices much lower than the market price because Theranos tests were much less accurate than standard medical tests, perhaps to the point of outright fraud.
Isn't Theranos currently going down in flames?
There a lot of money currently invested in attacking Theraros. That's no indication that the company has a problem but that it threatens established interests.
because Theranos tests were much less accurate than standard medical tests, perhaps to the point of outright fraud.
A company for that's true wouldn't lobby for the FDA to regulate their tests. Nothing that happened indicates that Theranos believes that they aren't confident that the FDA will approve their test.
...Why wouldn't they have such incen
How much money would it take to engineer biological immortality for at least half of the world's population, within 20 years, with 99% confidence?