good looking blond x psycopathic levels of self confidence x gullible investors --> trouble.
If that sounds superficial would this have gone anywhere if proposed by some 5'4" 200lb male undergrad instead? I rather doubt it.
Instead she drops out and starts a company.
Turns out engineering stuff is harder than writing code, or learning to write code for that matter. Hence a decade later still no product, just a service.
The idea is clever (multiple tests using nanolitre sized blood samples) but implementing stuff like this is hard. Blood is just nasty stuff to handle, starting with it being a mix of multiple liquids and solids.
The loop hole in the law has stopped close examination of their hardware but personally if I were an investor or a medical care provider I would not touch them with a barge pole.