Which medical device product launch failed spectacularly in 2016 with a $9 billion valuation collapse after claims of revolutionary blood testing from just a fingerprick proved fraudulent?

The pharmaceutical and medical device industries are filled with both breakthrough successes and notable failures. Product launches in medicine require extensive testing, regulatory approval, and market acceptance. Sometimes, even products with significant R&D investment and promising clinical trials can fail spectacularly when they reach the market. This trivia question explores one of the most expensive medical product launch failures in recent history.

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