uBiome has temporarily suspended clinical operations, and will stop selling its SmartJane and SmartGut tests until further notice.
Following an FBI search at its San Francisco offices, uBiome told customers that it has temporarily suspended clinical operations.The company's cofounders are on administrative leave, while the board conducts its own investigation into uBiome's billing practices.In an email to its customers, uBiome, a start-up that sells health tests, said on Monday that it is suspending clinical operations for its health tests, including SmartGut and SmartJane.
The company noted that it would continue to sell its direct-to-consumer product, Explorer. Any recent SmartGut or SmartJane tests would be cancelled, and payments for any out-of-pocket tests refunded.for its tests without patient consent, insiders told CNBC. In an interview, one customer, Marc Harris, told CNBC that he sent in two samples, but the $2,970 test was billed to his insurance five times.
The company's founders Jessica Richman and Zac Apte are on "administrative leave", the company announced last week, and its John Rakow, the company's general counsel, was named interim CEO. The board also said that it would launch an independent investigation into uBiome's billing practices.On Friday, April 26, 2019, federal authorities, pursuant to a search warrant, searched uBiome's facilities in San Francisco.
Our Board of Directors has appointed John Rakow, our General Counsel, as Interim CEO of uBiome, effective immediately. Our Co-CEOs, Jessica Richman and Zac Apte, are currently on administrative leave as we conduct an independent investigation into the company's billing practices, to be overseen by a Special Committee of the Board. Once complete, we will take any corrective actions that are needed to ensure we can become a stronger company better able to serve patients and healthcare providers.At this time and until further notice, uBiome will not be offering SmartGut or SmartJane.
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