Enlarge / Theranos founder and former CEO Elizabeth Holmes inside the Robert F. Peckham US Federal Court on June 28, 2019, in San Jose, Calif. (credit: Justin Sullivan/Getty Images) Theranos founder Elizabeth Sherlock holmes told Walgreens executives in an email that pharma giant Pfizer had completed its “own technical validation” of Theranos, jurors in Holmes’ […]
Tag: medical diagnostics
Elizabeth Holmes personally approved investor presentations, court hears
Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, Calif., on Tuesday, Oct. 12, 2021. (credit: David Paul Morris/Bloomberg ) Over the past few days, jurors in Theranos founder Elizabeth Holmes’ criminal trial have been hearing about the now-infamous demos given to Theranos investors. The devices would make […]
Theranos devices ran “null protocol” to skip actual demo for investors
Enlarge / Theranos founder Elizabeth Holmes collects her belongings after going through security at the Robert F. Peckham Federal Building with her defense team on August 31, 2021, in San Jose, California. (credit: Ethan Swope | Getty Images) There is a saying within the startup world that many companies try to fake it till they […]
Theranos’ second lab director got $5K a month to rubber-stamp forms
Enlarge / Elizabeth Holmes, founder and former CEO of blood-testing and life sciences company Theranos, leaves the courthouse with her husband, Billy Evans, after the first day of her fraud trial in San Jose, California, on September 8, 2021. (credit: Nick Otto / AFP) In yesterday’s installment of the Elizabeth Holmes criminal trial, the jury […]
To hook Walgreens, Holmes gave execs fake pharma reports, prosecution says
Enlarge / Theranos founder Elizabeth Holmes. (credit: Getty | Gilbert Carrasquillo) Theranos founder Elizabeth Holmes gave Walgreens executives fake reports from major pharmaceutical companies to lend credibility to her company’s ill-fated blood diagnostic devices. The bombshell came during the prosecution’s questioning of former Walgreens CFO Wade Miquelon. Holmes is on trial for 10 counts of […]
Theranos device “made a bunch of noise” but did nothing else in Safeway demo
Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, Calif., on Tuesday, Oct. 12, 2021. (credit: David Paul Morris/Bloomberg) Safeway’s ex-CEO said his company did more than 100 hours of due diligence for a deal with Theranos that would ultimately cost the grocery chain over $360 million before […]
Emails show Elizabeth Holmes directing response to failed Theranos tests
Enlarge / Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building and US Courthouse in San Jose, Calif., on Wednesday, Sept. 22, 2021. Holmes is charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud and could face up to 20 years in prison if convicted. (credit: […]