Ther­a­nos says the fed­eral gov­ern­ment has banned founder and CEO El­iz­a­beth Holmes from own­ing or run­ning a med­i­cal lab­o­ra­tory for two years.

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The ban stems from a re­view of the com­pany’s Ne­wark, Calif., lab. The com­pany ac­knowl­edged in April it was be­ing in­ves­ti­gated by sev­eral reg­u­la­tors and agen­cies fol­low­ing re­ports by the Wall Street Jour­nal in which for­mer em­ploy­ees said the com­pany’s tests were un­re­li­able. Ther­a­nos also says the gov­ern­ment has sus­pended its ap­proval to re­ceive Medi­care and Med­i­caid pay­ments re­lated to blood­work. In a state­ment, Holmes says she’s dis­ap­pointed by the de­ci­sion, but the com­pany ac­cepts “full re­spon­si­bil­ity for the is­sues.”

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