• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechTheranos

Walgreens Is Officially Cutting Ties With Theranos

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
June 13, 2016, 4:03 AM ET
Forbes Under 30 Summit
Photograph by Gilbert Carrasquillo Getty Images

Walgreens Boots Alliance (WBA) said it is terminating its relationship with Theranos and closing operations at all 40 Theranos Wellness Centers at its stores in Arizona.

The company, the largest drugstore chain in the United States, said it will be working over the next several days to help transition customers.

Walgreens said it informed Theranos that tests collected at its Wellness Centers at Walgreens stores in Arizona must be sent only to Theranos certified lab in the Phoenix area or to an accredited third-party lab for analysis.

It said no patient samples were to be sent to the Newark lab until all issues raised by Centers for Medicare and Medicaid Services have been fully resolved.

Theranos was sued in late May and is accused of endangering customer health through “massive failures” that misrepresented the accuracy and quality of its blood tests.

The blood-testing company once touted its Edison device as a ground-breaking technology able to test blood from just a pinprick.

The CMS said in January that Theranos’s practices violated several clinical-laboratory regulations, jeopardizing patient health and safety.

Theranos has been in the spotlight after reports in the Wall Street Journal suggested that its blood-testing devices were flawed and had problems with accuracy.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in Tech

Google DeepMind cofounder and CEO Demis Hassabis
AIU.K.
Google DeepMind agrees to sweeping partnership with U.K. government focused on science and clean energy
By Jeremy KahnDecember 10, 2025
4 hours ago
InnovationBrainstorm AI
Rivian CEO says buying an EV isn’t a political choice, pointing out that R1 buyers are split evenly between Republicans and Democrats
By Jason MaDecember 10, 2025
7 hours ago
Larry Ellison
Big TechMarkets
Oracle earnings may not be enough to assuage debt, AI deal fears
By Carmen Reinicke and BloombergDecember 10, 2025
7 hours ago
Curly haired woman in a black dress speaking.
AIBrainstorm AI
Actress Natasha Lyonne dropped out of NYU and watched movies instead. Now, she’s helping to shape the future of AI
By Amanda GerutDecember 10, 2025
9 hours ago
Jeff Williams, former Apple CEO
C-SuiteDisney
Jeff Williams, who retired from Apple after 27 years, less than a month ago, just got called up by Disney to join its board of directors
By Dave SmithDecember 10, 2025
9 hours ago
AIBrainstorm AI
Young people are ‘growing up fluent in AI’ and that’s helping them stand apart from their older peers, says Gen Z founder Kiara Nirghin
By Angelica AngDecember 10, 2025
11 hours ago

Most Popular

placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
18 hours ago
placeholder alt text
Politics
Exclusive: U.S. businesses are getting throttled by the drop in tourism from Canada: ‘I can count the number of Canadian visitors on one hand’
By Dave SmithDecember 10, 2025
16 hours ago
placeholder alt text
Economy
‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy 
By Eva RoytburgDecember 9, 2025
1 day ago
placeholder alt text
Economy
‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger
By Eva RoytburgDecember 10, 2025
10 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
14 days ago
placeholder alt text
Economy
Fed’s expected rate cut today is less about stimulating the economy and more about protecting the job market from ‘shattering’
By Eleanor PringleDecember 10, 2025
17 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.