US drugstore chain Walgreens cuts ties with Theranos


  • TECH
  • Tuesday, 14 Jun 2016

SAN FRANCISCO, CA - APRIL 05: A pedestrian walks by a Walgreens store on April 5, 2016 in San Francisco, California. Walgreens Boots Alliance Inc. reported a 54 percent drop in second quarter earnings with profits of $930 million compared to $2.04 billion one year ago. Justin Sullivan/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

NEW YORK: US drugstore chain Walgreens has cut ties with blood-testing company Theranos, the California startup under criminal investigation over the reliability of its technology. 

Walgreens, in a statement late on June 12, said it would immediately close operations at all 40 Theranos Wellness Centres at its drugstores in Arizona. 

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