The disgraced founder and former CEO of Theranos is set to go to trial this week, more than three years after being indicted on multiple federal fraud and conspiracy charges.
New York Elizabeth Holmes, the disgraced founder and former CEO of Theranos, is set to go to trial this week, more than three years after being indicted on multiple federal fraud and conspiracy charges over allegations she knowingly misrepresented the capabilities of her company's proprietary blood testing technology.
For a time, Holmes had been hailed as a visionary. A Stanford University dropout, she founded Theranos in 2003 at age 19 with the lofty mission of revolutionizing blood testing. Inspired by her stated fear of needles, Holmes' Theranos promised patients the ability to test for conditions like cancer and diabetes with just a few drops of blood.
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