Walk into your local drugstore provide a few drops of blood via finger-prick and get screened. Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003.
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What You Should Know.
. This Theranos engineer orders a glue-dispensing robot from a company in New Jersey then affixed a pipette to the robotic arm and programmed the arm to mimic the steps that a lab scientist would. Theranos ˈθɛrənoʊs was an American privately held corporation that was touted as a breakthrough health technology company. Theranos leadership also distinctly lacked the expertise required to develop a sophisticated medical testing technology Carreyrou said.
Theranos the blood-testing start-up that promised to revolutionize health care only to collapse after its hyped product turned. The company claimed that it devised blood tests that required very small amounts of blood and could be performed rapidly thanks to the small automated devices the company had developed. Theranos ex-CEO and founder Elizabeth Holmes plans to claim a mental disease defense in her upcoming investor fraud trial according to.
25 2021 -- The promise seemed too good to be true. Using a nanotainer a small device designed to draw. The Theranos founder is charged with 12 counts of wire fraud and conspiracy after her blood-testing start-up once valued at 9 billion.
Ex-Theranos Lab Director Kingshuk Das took the stand in Elizabeth Holmes trial testifying that his first job at the start-up was responding to an audit. The Theranos Trial. Theranos destroyed database that proved blood test was a fraud.
The company was criticized for having a board of directors primarily composed of former diplomats and military personnel.
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