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June 13, 2016 04:00 pm

Walgreens Cuts Ties With Blood-Test Startup Theranos

An anonymous reader writes: Walgreens has announced that it's terminating its partnership with blood-testing startup Theranos. All 40 of the "Theranos Wellness Centers" in Walgreen's Arizona drugstores will be shut down immediately, closing what has been a primary link between Theranos and would-be consumers, and further wounding the troubled startup's revenue. "In light of the voiding of a number of test results, and as the Centers for Medicare and Medicaid Services (CMS) has rejected Theranos' plan of correction and considers sanctions, we have carefully considered our relationship with Theranos and believe it is in our customers' best interests to terminate our partnership," said Walgreens senior vice president Brad Fluegel in a press statement.

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