1.0
Jul 26, 2019
Recommend
CEO approval
Business Outlook
Pros
Karius has solid science behind it if applied correctly and in proper business and commercial setting.
Cons
Very high rate of employee turnover - both voluntary and involuntary and at senior management level. Morale and confidence in survival of the company are very low. The testing process at current scale is expensive, with commercial growth stalled. The market is tough due to lack of reimbursement, high price, and lack of signficiant utility for patient care. Money will be running out by January 2019 with no additional investments coming through despite frantic fundraising attempts.