/P 8 0 R endobj >> 44 0 obj endobj /K 24 endobj << >> /S /LI 163 0 obj endobj 118 0 obj /P 8 0 R /Lang (EN-US) 246 0 obj << /P 8 0 R Theranos presenting poster on an investigational ELISA for the serodiagnosis of #Zika virus infection - today at the American Society of Tropical Medicine & Hygiene . << /P 268 0 R << 341 0 obj 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R >> 297 0 obj /K [8 94 0 R] 150 0 obj 371 0 obj >> /P 358 0 R << /P 51 0 R /Pg 247 0 R /S /P . endobj >> /Lang (EN-US) /Footnote /Note Theranos dissolved in September 2018 and founder Elizabeth Holmes now faces up to 20 years in prison for fraud and conspiracy. /K 204 0 R endobj 98 0 obj /Annotation /Span /Pg 247 0 R endobj /P 8 0 R /P 50 0 R endobj endobj /Pg 255 0 R /K 170 0 R 79 0 obj >> /Lang (EN-US) /Pg 251 0 R She pitched its technology as a cheaper way to run dozens of blood tests with just a prick of a finger and a few droplets of blood. 86 0 obj 182 0 obj /Pg 253 0 R /P 319 0 R endobj endobj << endobj << /P 8 0 R /P 373 0 R /Resources 432 0 R endobj endobj Follow Company. - Sep 15, 2021 3:40 pm UTC. /S /LI /StructParents 15 /K 275 0 R endobj >> /K 26 << /P 40 0 R 351 0 obj /K [26 383 0 R] /Pg 254 0 R << /Pg 249 0 R /Annots [] 119 0 obj /Annots [] /S /P endobj endobj >> /S /LBody /Type /Page /P 368 0 R << endobj /K 18 >> endobj Researchshows that unethical conduct is more likely when people are tempted with the opportunity to cheat on behalf of a good cause, and that cheaters may feel more at ease with their own behavior if they cheat on behalf of the common good. 343 0 obj After asking questions about Theranos continued losses and lack of revenue, prosecutors showed Yam a document they said was shared with investors; it projected $140 million in revenue in 2014 and $990 million in 2015. endobj << /Annots [] 335 0 obj Moreover, Theranos and Holmes made "false and misleading statements" in press accounts to bolster the startup's profile. >> Both defendants appeared today before U.S. Magistrate Judge Susan van Keulen for their initial appearances. /S /LI /P 270 0 R /S /P The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. /S /LI >> 286 0 R 287 0 R 288 0 R 289 0 R 290 0 R 291 0 R 292 0 R 293 0 R 294 0 R 295 0 R /P 362 0 R /K 28 /P 8 0 R << endobj 101 0 obj << /Pg 257 0 R /Lang (EN-US) endobj endobj GET FOX BUSINESS ON THE GO BY CLICKING HERE. endobj /P 393 0 R Cultivating a boundless vision until the very end completely untethered from the status quo, rules, requirements and the demands of the here and now Holmes and Theranos were on a special kind of journey. << /S /LBody /S /LBody endobj endobj >> /Lang (EN-US) endobj << /Lang (EN-US) << 27 0 obj /Lang (EN-US) << >> /S /P 315 0 obj The . 226 0 obj /Pg 250 0 R Bundled together, these biases not only warped Holmes sense of truth, but they likely slanted the perspective of key stakeholders who were attracted to the many promises made by Theranos. endobj 308 0 obj /S /LBody /P 317 0 R But Theranos shared very little about its blood-testing machine with the public or medical community. The Seattle-based coffee giant originated in 1971 and has since become ubiquitous around the world. << But constantly focusing on a desired future state may have the effect of giving extra highlight to the positives of a distant vision at the expense of the operational challenges that are taking place in the here and now. /ModDate (D:20180314090210-07'00') /K 10 endobj /Pg 255 0 R /Tabs /S /Pg 244 0 R Claim This Company. /P 55 0 R endobj 325 0 obj /Pg 253 0 R 6 0 obj << /K 17 /K 41 /K 172 0 R Have you worked at Theranos? /K 159 0 R 52 0 obj >> >> It's unclear whether Theranos' rise and fall will turn out to be a dazzling mirage of "would-be" business . /S /LI /Pg 235 0 R Easy acce View the full answer /Rotate 0 endobj /K 118 0 R /K 131 0 R /P 260 0 R /K 29 /Lang (EN-US) 71 0 obj /K 127 0 R << /S /LI << /S /LBody /S /P According to the indictment, Holmes and Balwani used advertisements and solicitations to encourage and induce doctors and patients to use Theranoss blood testing laboratory services, even though the defendants knew Theranos was not capable of consistently producing accurate and reliable results for certain blood tests. /P 50 0 R endobj The fact that key stakeholders at Safeway remained upbeat despite the arrogant and secretive behaviors of Theranos executives and the lack of any real hard proof associated with many of the claims Theranos was making is extremely revealing. /S /P /S /LBody Those emails eventually made their way to Holmes, who asked, How fast can we resolve this issue? Another employee replied that, after omitting some data, the problem appeared solved. Anyone who engages in deceptive practices should know they will not go undetected and will be held accountable. 317 0 obj /Pg 242 0 R endobj In fact, those challenges dwarfed in relation to the potential benefits of the vision the tech company eagerly shared with those with whom it wished to partner. /S /LBody endobj 211 0 obj Balwani, 53, of Atherton, Calif., was employed at Theranos from September of 2009 through 2016. /Pg 239 0 R endobj << 23 [83 0 R 84 0 R 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 307 0 obj /Pg 257 0 R /K [354 0 R 355 0 R 356 0 R 357 0 R 358 0 R 359 0 R 360 0 R 361 0 R 362 0 R 363 0 R /S /LI The defendants also represented to investors that Theranos would generate over $100 million in revenues and break even in 2014 and that Theranos expected to generate approximately $1 billion in revenues in 2015 when, in truth, the defendants knew Theranos would generate only negligible or modest revenues in 2014 and 2015. endobj 338 0 obj /Lang (EN-US) 56 0 obj We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. /P 309 0 R /P 8 0 R << Peter DaSilva/Reuters. >> << << 179 0 obj endobj /S /TD 120 0 obj >> endobj endobj /S /L << /S /LBody /P 8 0 R << endobj endobj /Pg 235 0 R /MediaBox [0 0 612 792] /K 196 0 R >> endobj << The business had garnered hundreds of millions of dollars in investments and was valued at $9 billion in 2015, when a Journal expose showed the company had some not-so-favorable secrets. << >> /K 38 >> >> /Lang (EN-US) And at least one employee told the financial newspaper Theranos executivesdid not report test results that would have caused concerns about the machines accuracy. << 384 0 obj endobj >> /S /LBody /Pg 253 0 R 204 0 obj /Pg 241 0 R endobj /P 48 0 R /S /LBody /S /LI The company spent over $150,000 surveilling her and another whistleblower. /K 163 0 R >> /Subscript /Span /Lang (EN-US) << /P 8 0 R Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives." /P 261 0 R /Rotate 0 endobj The mission statement conveys no values such as honesty, transparency, or integrity. >> 258 0 obj null 114 0 R null] endobj /Lang (EN-US) /S /LBody 2. /Tabs /S /Lang (EN-US) /Pg 257 0 R /P 8 0 R /Pg 255 0 R /StructParents 18 235 0 obj << << /K 224 0 R /Lang (EN-US) /S /LBody /S /P /K [24 387 0 R] /S /LI << endobj The collaborative investigative work on this case conducted by Postal Inspectors, our law enforcement partners, and the United States Attorneys Office illustrates our efforts to protect both consumers and investors., The Indictment Alleges That Doctors And Patients Were Defrauded. The FDA would like to extend our thanks to our federal law enforcement partners for sending a strong message to Theranos executives and others that these types of actions will not be tolerated, said Catherine A. Hermsen, Acting Director, FDA Office of Criminal Investigations. /P 48 0 R 55 0 obj /Lang (EN-US) << /P 50 0 R /K 30 /P 48 0 R /S /LBody endobj /K 29 /S /LBody endobj /S /LI << 314 0 R 315 0 R 316 0 R 317 0 R 318 0 R 319 0 R 320 0 R 321 0 R 322 0 R 323 0 R << /Contents [457 0 R 458 0 R 459 0 R] /P 347 0 R 377 0 obj 161 0 obj endobj endobj endobj >> /Lang (EN-US) 334 0 obj endobj endobj 25 0 obj << /Pg 235 0 R >> >> /K 20 /P 344 0 R But in February, the pair had a number of charges dropped, excluding wire fraud. /Pg 255 0 R /S /P /Lang (EN-US) >> /StructParents 19 Theranos founder Elizabeth Holmes, now a mother of two,is asking to delay her11-year sentence for felony fraud so she can be at home with her two young children while she appeals theconviction. /P 50 0 R 298 0 obj /CropBox [0 0 612 792] /Parent 12 0 R /K 175 0 R /P 54 0 R << /P 260 0 R /Lang (EN-US) endobj /K 8 /Pg 241 0 R endobj Assistant U.S. endobj >> endobj /K 213 0 R 137 0 obj /Lang (EN-US) /Lang (EN-US) << endobj /Pg 242 0 R 41 0 obj /P 366 0 R endobj 296 0 R 297 0 R 298 0 R 299 0 R 300 0 R 301 0 R 302 0 R 303 0 R] /S /LBody /Lang (EN-US) >> That journey ended not, as it could have been, when the promises of its vision delivered their potential, but it ended when somebody, finally, brought reality into the picture. If convicted, they could each face maximum penalties of 20 years in prisona $2.75 million fine and possiblyrestitution, the Department of Justice said. /K [111 0 R 112 0 R 113 0 R 114 0 R] /P 8 0 R endobj 387 0 obj /Lang (EN-US) >> 213 0 obj The next witness was Erika Cheung, who was hired by Theranos out of undergrad as a lab associate. 282 0 obj endobj Theranos' mission is to make actionable information accessible to everyone at the time it matters most. << /Lang (EN-US) 278 0 obj /Lang (EN-US) It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. /K 153 0 R /K 18 We all knew it was coming. 200 0 obj Having a vested interest in what is at stake as is often the case with founders and investors and envisioning the desired end state via inflexible goals may create a condition known as motivated blindness that can paradoxically prevent us from making realistic progress. /Pg 258 0 R /Bibliography /BibEntry >> << /P 8 0 R 273 0 obj /P 264 0 R The defendants also delivered to doctors and patients blood test results from which critical results were improperly removed. /P 297 0 R /K 31 >> << 3553. 382 0 obj /S /LI In addition, the defendants represented to investors that Theranos would soon dramatically increase the number of Wellness Centers within Walgreens stores when, in truth, Holmes and Balwani knew by late 2014 that Theranoss retail Walgreens rollout had stalled because of several issues, including that Walgreenss executives had concerns with Theranoss performance. >> /S /LI /S /P /S /L << >> /S /LI endobj 311 0 obj >> /S /LI /P 8 0 R /Lang (EN-US) /K 26 /S /LI 242 0 obj /Lang (EN-US) /P 8 0 R endobj << THERANOS FOUNDER ELIZABETH HOLMES TO FACE TRIAL SEPARATE FROM EX-LOVER. /K 0 Theranos may also be known as or be related to Theranos, Theranos Inc, Theranos Inc. and Theranos, Inc. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. /K 10 /Type /Page In court documents, federal prosecutors have said Holmes is a flight risk. /K 18 << /Lang (EN-US) /Lang (EN-US) << /StructParents 5 << Cheungs testimony continues today. /K 1 /Pg 235 0 R << /P 8 0 R /P 34 0 R 65 0 obj /S /P Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh "Sunny" Balwani, were first indicted together on a dozen federal fraud charges stemming from their time . Specifically, the defendants claimed that Theranos developed a revolutionary and proprietary analyzer that the defendants referred to by various names, including as the TSPU, Edison, or minilab. >> >> >> /P 328 0 R $1 million bail: Student accused of attacking teacher's aide over Nintendo Switch, Consumer confidence: Optimism of US consumers declined in February, reflecting fears of a recession. /K 11 /S /LI << /S /P endobj >> 350 0 obj 88 0 obj << /Lang (EN-US) /S /LBody endobj 66 0 R 67 0 R 68 0 R 69 0 R] The United States Postal Inspection Service has a long history of successfully investigating complex fraud cases, said Inspector in Charge Rafael E. Nuez. /Contents [497 0 R 498 0 R 499 0 R] << 251 0 obj 294 0 obj /Lang (EN-US) Theranosonce valued at approximately $10 billionis no more. /Rotate 0 /P 166 0 R /P 380 0 R /MediaBox [0 0 612 792] null null 152 0 R null null] /S /LI /S /LBody /P 48 0 R /S /LI 320 0 obj /S /LBody endobj endobj /Lang (EN-US) /S /LBody >> And although entrepreneurship is very much about turning an imagined future state into reality, the vast and unchecked gap between Theranos vision and the technological incompetence of its operations was breathtaking. 3 [null null 125 0 R null null 43 0 R null null 126 0 R null 270 0 obj /MCID 2 Former Theranos board member and former Secretary of Defense James "Mad Dog" Mattis testified last week in the criminal trial of former Theranos CEO Elizabeth Holmes. endobj Theranos is ranked #71 on the Best Start-up Companies to Work For in America list. << /P 48 0 R >> >> /Pg 242 0 R /Resources 448 0 R /Pg 243 0 R 2023 FOX News Network, LLC. /Lang (EN-US) /K 7 << /Contents [465 0 R 466 0 R 467 0 R] 209 0 obj /Type /Pages /Lang (EN-US) 185 0 R null null] >> << /S /LBody This office, along with our other law enforcement partners in the Bay Area, will vigorously investigate and prosecute those who do not play by the rules that make Silicon Valley work. 38 0 obj 140 0 obj /P 48 0 R /K 26 /Pg 257 0 R endobj /P 8 0 R /P 313 0 R 339 0 obj << /MediaBox [0 0 612 792] /Filter /FlateDecode /Pg 238 0 R << >> endobj /K 393 0 R /S /P /Pg 249 0 R endobj Elizabeth Holmes dropped out of Stanford in 2003 as a 19-year-old to start Theranos. /Count 5 Holmes only canceled the trip after prosecutors contacted Holmes attorneys about the unauthorized flight, prosecutors said. /Pg 240 0 R 184 0 obj /P 374 0 R stream /Pg 241 0 R /CropBox [0 0 612 792] /S /LBody endobj endobj >> >> /Pg 252 0 R endobj It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. >> /K 167 0 R 17 0 obj /Pg 256 0 R 2 [null null 119 0 R null null null 120 0 R null null 41 0 R /CropBox [0 0 612 792] /S /LBody /CropBox [0 0 612 792] /Contents [425 0 R 426 0 R 427 0 R] endobj The company claimed that it had devised . /S /LI /S /LI /MediaBox [0 0 612 792] >> /P 283 0 R /Pg 255 0 R << << /Resources 496 0 R >> /P 325 0 R << >> >> /K [105 0 R 106 0 R 107 0 R 108 0 R 109 0 R] << 190 0 obj /Lang (EN-US) 316 0 obj /S /LBody /CreationDate (D:20180314084127-07'00') /S /L 301 0 obj 152 0 obj /Type /Catalog /Pg 243 0 R /K 2 These detailed accounts show a pattern of behaviors consistent with a distorted motivational and cognitive state. << /StructParents 16 /Type /Page 91 0 obj /K 21 /K 6 /Tabs /S Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. 115 0 obj /Lang (EN-US) /Pg 256 0 R >> /K 3 /Creator (Acrobat PDFMaker 18 for Word) /S /LBody >> /Pg 248 0 R During the trial Holmes accused her ex-boyfriend and business partner, Ramesh "Sunny" Balwani, of emotional and sexual abuse at the time of the alleged crimes, impairing her mental state. WIRED Media Group endobj /P 8 0 R /MCID 2 /Parent 14 0 R /K 14 36 0 obj /P 278 0 R /P 48 0 R 314 0 obj /P 8 0 R /K [95 0 R 96 0 R 97 0 R 98 0 R 99 0 R 100 0 R 101 0 R 102 0 R 103 0 R 104 0 R] Research on the dark sides of creativity suggests that not only are people more likely to act dishonestly when they are in a creative state, but that cheating, in itself, can actually make people more creative. The Theranos scandal has dominated headlines, and both fascinated and appalled readers worldwide, since John Carreyrou's shattering report first broke in 2015. >> 399 0 obj null null 225 0 R null null null 226 0 R null null null Palo Alto, United States August 18, 2016: Elizabeth Holmes accepts The Entrepreneur award at, the 25th Annual Glamour Women of the Year Awards on Nov. 9, 2015, in New York. /S /LBody /Pg 249 0 R 238 0 obj /Lang (EN-US) In November 2022, Holmes was sentenced to 135 months in prison for defrauding investors in the failed Silicon . /Pg 255 0 R 170 0 obj The conduct alleged in these charges erodes public trust in the safety and effectiveness of medical products, including diagnostics. >> << /MediaBox [0 0 612 792] /P 364 0 R >> >> /S /LI /Lang (EN-US) /Contents [398 0 R 399 0 R 400 0 R 401 0 R 402 0 R 403 0 R 404 0 R 405 0 R 406 0 R 407 0 R] /Resources 472 0 R /K 194 0 R >> Yam said that Theranos lost $16.2 million in 2010, $27.2 million in 2011, $57 million in 2012, and $92 million in 2013. Instead, a vision made boundless by its sharp divide from reality and its extraordinarily narrow goals ended up only perpetuating a state of motivated blindness. endobj >> << 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 93 0 R] /K 6 /Pg 248 0 R 18 0 obj flagrantly vague and often outright untruthful statements. << endobj by Elizabeth Holmes. 386 0 obj 26 0 obj /S /LI /K 6 /Rotate 0 endobj endobj /K [349 0 R 350 0 R 351 0 R 352 0 R 353 0 R] /P 50 0 R 355 0 obj /Length 501 0 R >> /S /P /Lang (EN-US) >> /K 24 188 0 R null null null 189 0 R null null null 190 0 R null 19 0 obj endobj /K 188 0 R null 24 0 R 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R endobj >> The defendants knew Theranos was not capable of consistently producing accurate and reliable results for certain blood tests, including the tests for calcium, chloride, potassium, bicarbonate, HIV, Hba1C, hCG, and sodium. According to a statement from the SEC, "Theranos, Holmes, and Balwani made numerous false and misleading statements in investor presentations, product demonstrations, and media articles by which they deceived investors into believing that its key productcould conduct comprehensive blood tests from finger drops of blood, revolutionizing the . 28 0 obj /Parent 14 0 R The Company's clinical laboratory offers comprehensive laboratory tests. /Type /Page << 17 [null null 204 0 R null null null 205 0 R null null null /P 8 0 R /P 379 0 R << << << /S /LI /StructParents 8 217 0 obj /StructTreeRoot 3 0 R /P 275 0 R endobj She now has "two very young children hertoddler and an infant," according to a recent court filing. /Type /Page endobj Did you ever provide financial projections to investors? Robert Leach, an assistant US attorney,asked Yam. /Parent 13 0 R /Contents [481 0 R 482 0 R 483 0 R] /Type /Page >> /K 17 endobj In opening statements, a federal prosecutor depicted Balwani as an instrumental accomplice who helped Holmes pull off a huge scam tied to Theranos' blood-testing technology. This district, led by Silicon Valley, is at the center of modern technological innovation and entrepreneurial spirit; capital investment makes that possible. Leaving Little Space for Inspiration. endobj >> 1. /Pg 235 0 R endobj /S /P /Lang (EN-US) /Filter /FlateDecode 165 0 obj /Pg 258 0 R /Rotate 0 >> << /S /LBody It included jury selection, opening statements, released text messages, and an unexpected . Holmes, 34, of Los Altos Hills, Calif., founded Theranos in 2003. /Pg 249 0 R In his book Bad Blood, John Carreyrou documented accounts describing Elizabeth Holmes unwillingness to revise the original micro-Lab specs and her reported tendency to shut off whoever tried to provide realistic feedback or solutions to the technical problems Theranos was facing. They proposed revoking the companys license to test human specimens. >> >> /P 40 0 R /Pg 245 0 R Theranos is a private health care and life sciences company with the stated mission to revolutionize medical laboratory testing through allegedly innovative methods for drawing blood, testing blood, and interpreting the resulting patient data. /P 334 0 R << null null 121 0 R null null null 122 0 R null null null >> The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. /P 380 0 R /K 120 0 R /Tabs /S >> /S /L /P 55 0 R /P 8 0 R /K 22 >> 303 0 obj /P 8 0 R Holmes faces up to 20 years in prison. >> >> >> Investors large and small from around the world are attracted to Silicon Valley by its track record, its talent, and its promise. /CropBox [0 0 612 792] << >> >> /S /P The alleged fraud, which Holmes perpetrated as the companys founder and CEO, may have felt less onerous due to the goodness of the vision and mission she championed. /Lang (EN-US) endobj /P 8 0 R << Holmes said she was inspired to start the company in response to her fear of needles. << 249 0 obj /K 10 /P 55 0 R << /P 8 0 R /P 48 0 R Indication(s) for use: Same as the intended use 3. /Parent 5 0 R << /S /LBody /Type /MCR /P 267 0 R /Pg 245 0 R /S /LI /S /LBody /P 40 0 R /Lang (EN-US) 37 0 obj endobj /S /LI << /StructParents 6 endobj << /P 50 0 R /Pg 256 0 R Elizabeth Holmes finished testifying in wire fraud trial. 6 [null null 143 0 R null null null 144 0 R null null null /Pg 245 0 R /Annots [] /S /P << The boundless part of her visioning deserves extra attention. /Lang (EN-US) /K 18 /S /LBody /S /LI /Type /MCR endobj /Lang (EN-US) /Diagram /Figure /S /LBody << /S /LBody /P 63 0 R endobj /S /P /S /LI << /Parent 5 0 R /StructParents 11 endobj /Lang (EN-US) 194 0 obj /Lang (EN-US) << /K 27 /P 8 0 R The indictment alleges Holmes and Balwani defrauded doctors and patients by making false claims concerning Theranoss ability to provide accurate, fast, reliable, and cheap blood tests and test results, and through omissions concerning the limits of and problems with Theranoss technologies. 100 0 obj /Lang (EN-US) 156 0 obj /Pg 238 0 R endobj /K 134 0 R >> Theranos is headquartered in Palo Alto, CA. /Tabs /S /K 49 The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. >> /Contents [433 0 R 434 0 R 435 0 R] >> << >> /P 48 0 R /Resources 480 0 R /K 189 0 R 5 0 obj endobj << << 84 0 obj << /S /LI << /P 33 0 R >> /K 18 >> endobj << /P 296 0 R endobj >> I did not think the technology we were using was adequate enough to be engaging in that behavior.. /K 9 /S /P /P 306 0 R 1 0 obj 1 [null null 115 0 R null null null 116 0 R null null null /K 2 /CropBox [0 0 612 792] /Contents [485 0 R 486 0 R 487 0 R] 35 0 obj endobj /Lang (EN-US) 195 0 obj /K 13 /P 380 0 R 253 0 obj /S /L >> endobj /K 10 319 0 obj /S /LBody /K 22 >> /Annots [] /P 42 0 R >> 20 0 obj << /Resources 484 0 R 3480 /Annots [] >> >> 385 0 obj /Pg 250 0 R They are also attracted by the fact that behind the innovation and entrepreneurship are rules of law that require honesty, fair play, and transparency. /CropBox [0 0 612 792] /P 40 0 R For the small private firm, the publically traded company or the large enterprise vision, effort and determination needs to be firmly tied to the track - compliance. << << 167 0 obj Claiming and updating your company profile on Zippia is free and easy. 206 0 R null null null 207 0 R null null null 208 0 R null endobj /S /P /P 8 0 R /P 357 0 R /P 8 0 R << /P 63 0 R /Annots [] 176 0 R null null null 177 0 R null null null 178 0 R null /K 260 0 R 281 0 obj 245 0 obj endobj endobj >> /S /LBody >> << /Pg 256 0 R endobj 390 0 obj /Type /MCR endobj endobj Theranos is a now-defunct healthcare technologystartup founded by disgraced Stanford drop-out Elizabeth Holmes. /Pg 250 0 R /Lang (EN-US) The once-lauded businesswoman ultimately stepped down from the company, which announced in Sept. 2018 it would be closing. /Count 24 endobj /Lang (EN-US) /K 31 /Parent 14 0 R 96 0 obj 248 0 obj /Lang (EN-US) 4 [null null 131 0 R null null null 132 0 R null null null /S /LBody /Type /MCR >> /P 8 0 R endobj /S /LI /S /LI 172 0 obj endobj << << /Lang (EN-US) /P 48 0 R /Parent 14 0 R endobj endobj << /S /LI >> << << 139 0 R null null null 140 0 R null null null 141 0 R null >> >> endobj Holmes unflappability may have made it difficult for Theranos board members and prospective clients to raise or press on with the right questions at the right time. >> /MediaBox [0 0 612 792] /K 190 0 R /Lang (EN-US) 346 0 obj 227 0 R null null null 228 0 R null null] /P 55 0 R 237 0 obj 292 0 obj /Lang (EN-US) << 110 0 obj While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 1349, and nine counts of wire fraud, in violation of 18 U.S.C. 1343. << /Lang (EN-US) /Pg 235 0 R 367 0 obj /S /LBody /S /LBody << /P 48 0 R >> endobj << /S /LBody >> /K 180 0 R /Annots [] << /Pg 243 0 R /S /LI Theranos, Inc. is a consumer health technology company founded in 2003 by Elizabeth Holmes.