WebMar 20, 2024 · The extent of the Theranos grift is so gargantuan, its effects are still rippling even after Holmes was first caught lying in 2015. There are dozens of other companies working on similar, if... WebSep 15, 2024 · Erika Cheung, former Theranos lab associate turned key whistleblower, testified on Wednesday that the company’s proprietary technology wasn’t reliable …
The rise and fall of Theranos: A timeline CNN Business
WebJan 3, 2024 · Elizabeth Holmes with a Theranos blood testing machine at the company's facility in Newark, California, in December 2015. ... misrepresented its work with … WebIn July 2015, Theranos became the lab-work provider for Pennsylvania insurers AmeriHealth Caritas and Capital Blue Cross. In July 2015 the Food and Drug … phoebe bridgers tour ny
Elizabeth Holmes: From Forbes’ 400 to Federal Criminal Charges
WebFeb 13, 2024 · Theranos lost $700M of investor money over the course of 15 years, while trying to develop a microfluidic point-of-care test device. In the end, the company’s story was revealed to be a fraud, and the principals of Theranos are under investigation by the SEC. The value proposition of Theranos WebTheranos Inc. (/ ˈ θ ɛr. ə n. oʊ s /) was an American privately held corporation that was touted as a breakthrough health technology company. Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014. The … WebFeb 17, 2024 · The only Theranos test that ever received FDA approval was a Herpes test. The other 240 claimed diagnostics tests never got any approval. Not only did the science behind the blood tests not work, neither did Theranos’ Edison machine. The Edison was designed to mimic the work of a chemist by using a robotic arm to “take samples, dilute … phoebe bridgers tour canada