Walgreens Stops Theranos Wellness Centers Expansion

Walgreens and Theranos

Walgreens has halted the expansion of Theranos Wellness Centers until it is able to “understand the truth” behind the company’s blood work technology.

The Wall Street Journal wrote several scathing articles about the company’s testing, which led to more questions about the efficacy of the company’s technology.

Walgreens and Theranos announced a partnership in September 2013, allowing Theranos to offer its lab testing services at Walgreens pharmacies, nationwide. The company started with 41 stores.

Walgreens writes, “Plans to open more Theranos Wellness Centers are dependent upon both companies’ ability to reach a mutually beneficial arrangement.”

“We’re trying to figure out where we are and what we do going forward. We need to understand the truth,” a Walgreens official told the WSJ.

“With the completion of our Phoenix rollout that was part of our current agreement with Theranos, we are currently in discussions about the next phase of our relationship,” Walgreens spokesperson Michael Polzin explained to TechCrunch.

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“Plans to open more Theranos Wellness Centers are dependent upon both companies’ ability to reach a mutually beneficial arrangement,” he added.

Walgreens has put together a special team to investigate Theranos.

Theranos and Walgreens are offering no further comments about their partnership at this time.