This is not true. It doesn't even make sense. Pithy comments generally don't describe the real world.

"We are in development and do not yet have a working product" - Not a lie

"We have finished development and have a working product ready for patients" - Lie

Plenty of stuff was never a lie (look at the history of the nuclear bomb. Secrecy, but no lies on performance.) Meanwhile, plenty of stuff has always been a lie (check out nuclear fusion power.)