Having worked in health tech for the past ten years, I can name other companies that are equally massive frauds that just haven't been discovered yet. All you need is a good PR team and some big name investors, and it doesn't matter if what you're creating is real or not... you can get away with a lot.
Health care and medicine isn't a "fake it till you make it" type of industry, but that's the entire model that's preached in the startup world. So, almost by definition, startups + health care is really ripe for fraud and deception.
Health care and medicine isn't a "fake it till you make it" type of industry, but that's the entire model that's preached in the startup world. So, almost by definition, startups + health care is really ripe for fraud and deception.