Biden visits Theranos lab as part of healthcare innovation summit

Vice President Joe Biden visited the Newark, Calif. lab of biotech start-up Theranos (Palo Alto, Calif.) on July 23 with several healthcare industry leaders, according to a USA Today report.

Elizabeth Holmes, who serves as Theranos' CEO, founded the company in 2003.

"Leaders in health must collectively come together because that's the only way that we'll change this healthcare paradigm from one focused on reactive care to one focused on preventive care," Ms. Holmes said to a roundtable, which included Vice President Biden. "Nobody knows that as well as the vice president, who has spent his entire career taking bold action to improve people's lives."

Although members of the press and outsiders are usually restricted from visiting the facility, Vice President Biden met with Theranos employees and healthcare leaders including Stanford Hospitals president Amir Rubin, Capital Blue Cross CEO Gary St. Hilaire and TennCare director Darin Gordon.

"Lab tests [today] are extremely expensive, inconvenient and painful. There's a whole lot of practical reasons to move in the direction that Elizabeth and you all came up with," Vice President Biden said according to a Silicon Valley Business Journal report.

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