Theranos

Theranos the blood-testing start-up that promised to revolutionize health care only to collapse after its hyped product turned. Federal prosecutors have charged Holmes and Ramesh Sunny Balwani Theranoss president and chief operating officer with nine counts of wire fraud and two counts of.

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Theranos leadership also distinctly lacked the expertise required to develop a sophisticated medical testing technology Carreyrou said.

. Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003. In 2003 the 19-year-old college dropout founded Theranos a medical technology company that promised to revolutionize health care with a. Elizabeth Holmes had the world on a string.

Theranos ex-CEO and founder Elizabeth Holmes plans to claim a mental disease defense in her upcoming investor fraud trial according to. Theranos destroyed database that proved blood test was a fraud. The Theranos Story.

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. Using a nanotainer a small device designed to draw. Theranos ˈθɛrənoʊs was an American privately held corporation which was touted as a breakthrough health technology company with claims of having devised blood tests that required only very small amounts of blood and could be performed very rapidly using small automated devices the company had developed.

The company was criticized for having a board of directors primarily composed of former diplomats and military personnel. The Theranos founder is charged with 12 counts of wire fraud and conspiracy after her blood-testing start-up once valued at 9 billion.

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