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BREAKING: Bankrupt poop-testing startup uBiome is shutting down
The company is converting its bankruptcy filing from Chapter 11 to Chapter 7, a much more serious form of bankruptcy.
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Erin Brodwin 👩🚀
SCOOP: uBiome is closing up shop and converting from chapter 11 bankruptcy to chapter 7 (liquidation)
18d
A startup that wants to use psychedelics to treat addiction just raised $6.2 million from the host of Shark Tank and the architect behind the world’s biggest cannabis grower
MindMed says it's pursuing FDA approval for psychedelic-inspired drug for opioid addiction. The drug has been modified so as to avoid the drug's hallucinogenic effects, according to MindMed.
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Erin Brodwin 👩🚀
Scoop: There's a new psychedelics startup on the block. They've just raised $6.2M from Shark Tank's @kevinolearytv and the architect behind the world’s biggest cannabis grower.
19d
Bankrupt poop-testing startup uBiome just lost the government approval that's required to run key tests
uBiome suspended sales of its clinical products on the heels of an FBI probe. Now, after filing for bankruptcy, the company has lost a key lab certification.
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Erin Brodwin 👩🚀
Scoop: uBiome, the microbiome startup that filed for bankruptcy earlier this month, has lost the government approval that's required to run key tests
19d
Silicon Valley's top startup hub just teamed up with a $1.4 billion company to help startups find new ways of creating drugs, food, and clothing with biology
Y Combinator and Ginkgo Bioworks have unveiled a partnership meant to give synthetic biology startups access to tools in exchange for equity.
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Erin Brodwin 👩🚀
Scoop: @ycombinator + its first bio startup, the $1.4 billion organism company @Ginkgo, unveiled a new partnership today. Startups get access to Ginkgo's cell-building tools; Ginkgo gets equity.
33d
Officials just confirmed 6 deaths and 380 cases of serious lung disease tied to vaping. Here are all the health risks you should know about.
Investigators don't know the cause and haven't identified a single common brand or drug across all of the cases. Here's what you need to know.
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Erin Brodwin 👩🚀
The CDC just released new figures on the spate of lung illnesses and deaths tied to vaping. It's now 380 (down from 450 as a result of updated methodology). Six deaths.
37d
MIT's Media Lab has an ambitious project that purports to revolutionize agriculture. Insiders say it's mostly smoke and mirrors.
MIT Media Lab staff faked key elements of its "personal food computer" project, insiders told Business Insider. In one instance, staff were told to place...
MIT's Media Lab has an ambitious project that purports to revolutionize agriculture. Insiders say it's mostly smoke and mirrors.
MIT Media Lab staff faked key elements of its "personal food computer" project, insiders told Business Insider. In one instance, staff were told to place herbs grown elsewhere into the boxes.
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Erin Brodwin 👩🚀
Scoop: Insiders say an ambitious MIT Media Lab food project relies on smoke-and-mirror tactics.
42d
Meet the 11 alt-meat startups vying for a bite of a $200 billion industry
The frontrunners are making beef-like burgers with ingredients from plants. Next come the startups who aim to make real meat from animal cells.
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Erin Brodwin 👩🚀
With so many(!) alt-meat companies at this year's #goodfoodconference, I took a minute to profile the ones leading the charge
- 4 make plant-based burgers like @BeyondMeat🌱
- 7 aim to make real, cell-based meat using animal cells 🥩
43d
Bankrupt poop-testing startup uBiome was banking on CVS selling its tests — but the chain just turned it down
"Given the circumstances surrounding uBiome, we'll be stopping shipments and, in the event product has already arrived in store, marking it as 'do not sell,'" a CVS spokesperson said.
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Erin Brodwin 👩🚀
Scoop via @ZTracer: CVS just decided against selling uBiome's poop-testing kits, dealing another blow to the bankrupt startup
44d
Buzzy microbiome startup uBiome just filed for bankruptcy
uBiome filed for bankruptcy on Wednesday. The company took on an $8 million loan that will help it to stay open while it searches for a buyer.
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Erin Brodwin 👩🚀
uBiome, the microbiome startup I've been covering for months, just filed for bankruptcy. HT @SomaBisWSJ
45d
Jeffrey Epstein had a 'Frankenstein'-like plan to analyze human DNA in the US Virgin Islands
Epstein pursued an outlandish scheme to launch a 'DNA mining' startup. Scientists said his plan made no sense.
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Erin Brodwin 👩🚀
Scoop: Jeffrey Epstein had a wacky plan to sequence people’s DNA—and to sell the data to drug companies.
45d
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Erin Brodwin 👩🚀
New: Jeffrey Epstein had a ‘Frankenstein’-like plan to analyze human DNA in the US Virgin Islands, and it reportedly pulled in $200 million.
15d
The startup behind the world's first marijuana breathalyzer just raised a fresh $30 million and offered a glimpse at how the device works
The marijuana breathalyzer could help distinguish between people who've used cannabis legally in the past and people who are currently high.
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Erin Brodwin 👩🚀
Hound Labs, a startup that aims to make the first marijuana breathalyzer, raised a fresh $30 million on Tuesday. They also put out the first study offering a glimpse of how the handheld device works.
'Law & Order' creator Dick Wolf is an investor.
53d
Poop from pets and infants created flaws in key science at uBiome, and now the buzzy startup is conducting an internal review of its foundational research
uBiome had a plan to go from citizen science project to serious health company. But research underlying its products was flawed from the start.
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Erin Brodwin 👩🚀
I was working on this piece for @businessinsider before I left to get married. Yesterday, we published it. uBiome ran clinical tests using scientific data that was flawed, insiders say. Now, uBiome + the journal that pubbed the research are investigating.
58d
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Erin Brodwin 👩🚀
Scoop: uBiome’s foundational science—the peer-reviewed paper behind its clinical and consumer tests—contained data from infants and pets.
59d
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Erin Brodwin 👩🚀
But the problems went deeper than that, insiders said: uBiome's basic science was flawed.
45d
Every medication we know Trump takes, and what they're for
White House physician Ronny Jackson has released details about Trump's health. His medications include statins, aspirin, and drugs for skin and hair conditions.
The founder of a startup that charged $8,000 to fill your veins with young blood says he's shuttering the company and starting a new one
Ambrosia offered to rejuvenate people with infusions of young blood. Its founder says it had to close down after an FDA warning. He also says he has a new company.
An entrepreneur who worked with uBiome says the troubled poop-testing startup owes him $600,000
Matias Gutierrez had a contract with uBiome to manufacture kits for the startup's tests. Then uBiome stopped paying him, he said.
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Erin Brodwin 👩🚀
Scoop: An entrepreneur who worked with uBiome says the troubled poop-testing startup owes him nearly $600,000
108d
All of uBiome’s top execs are out at the embattled poop-testing startup that’s at the center of an FBI investigation
After an FBI raid, uBiome's board appointed John Rakow interim CEO and put the cofounders and co-CEOs on leave. Now, all 3 people are out. See the memo.
1
Erin Brodwin 👩🚀
SCOOP: All of uBiome’s top execs are out at the embattled poop-testing startup that’s at the center of an FBI investigation
111d
These $2,000 DNA tests aim to tell you which depression drug to take, but scientists are questioning whether they're worth it
There are now DNA tests that claim to show how you'll respond to depression drugs. Cancer genetics pioneer Myriad sells one, as does startup Color.
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Erin Brodwin 👩🚀
"I don't think psychiatrists get much information about the costs and benefits or much predictive value for this type of test," one expert told me.
120d
Pioneering genetic-testing company Myriad's biggest up-and-coming product could be at risk after scientists raised major questions
Medicare coverage for Myriad's GeneSight test, which aims to help people pick treatments for depression, could be at risk.
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Erin Brodwin 👩🚀
My colleague @emmarcourt has a great story today on a test that claims to tell you how well you'll respond to depression meds. Scientists are increasingly questioning the utility of tests like these.
120d
A controversial startup that charges $8,000 to fill your veins with young blood and halted operations after an FDA warning now says it's back up and running
The startup, called Ambrosia, offers to rejuvenate people with infusions of young blood. It's emailing potential customers once again.
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Erin Brodwin 👩🚀
Remember that young blood transfusion co that allegedly ceased treatments after the FDA called it out? It claims to be back up and running as of today. Scoop
124d