Tech

Theranos swiped logos from Pfizer and another pharma giant for fake reports

Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul Morris/Bloomberg) As Theranos burned through cash, founder Elizabeth Holmes was apparently desperate to land a large investment from Walgreens—so desperate that she sent the drugstore’s executives two bogus pharma reports, […]

Tech

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 […]

Tech

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 […]