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Stanford researchers criticize Theranos-like biomedical ‘unicorns’ for lack of published research

Today, a new generation of innovative biomedical startups continue to win billion-dollar valuations and massive infusions of venture capital as they promise to revolutionize medicine and disrupt massive healthcare markets. According to a new January paper authored by three Stanford researchers, many of these companies also publish little to no peer-reviewed research.

The smartest kids in the room

Last April, Facebook CEO Mark Zuckerberg sat, sweating, before a Congressional panel. Under scrutiny was how a British political consulting firm had gained access to the private data of more than 50 million Facebook users while, in the meantime, Russian operatives leveraged the platform as a tool to interfere in the election of a U.S. president.