According to his LinkedIn profile, Balwani worked for Lotus software and Microsoft before founding Commercebid. Balwani joined Theranos in 2009, just a few years after Holmes founded it. He’d never had any formal training in biological sciences or medical devices, which proved to be a problem. He gave up his chemical engineering degree to focus solely on Theranos.
His treatment of Theranos employees was also unprofessional. According to his employees, he was domineering, unyielding, and demanding.
Furthermore, he was paranoid about corporate espionage and attempted to keep company matters private. Furthermore, Theranos claimed to have developed devices that would automate and miniaturize blood tests by using microscopic blood volumes.
The workers named the device’s blood collection vessel and analysis machine “container” and “Edison.”He even went so far as to compare antibiotic development to the device. Balwani, like the workers, had a habit of talking about things he didn’t understand.
Theranos’ Edison blood-testing device, according to a report published in October 2015, provides false medical diagnoses and results. As a result, the device failed several quality-control tests and produced highly variable results.
Similarly, in April 2016, the company was forced to invalidate all of the machine’s 2014 and 2015 test results. They had to invalidate the results of several other tests despite running the tests on traditional machines. Following an inspection of Theranos’ Newark laboratory, the Centers for Medicare and Medicaid Services (CMS) issued the company a letter of warning in
January 2016. According to the CMS, Balwani should be barred from owning or operating a blood lab for two years because the company was unable to correct the problems in its California lab.
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