Theranos

ˈ θ ɛr. Elizabeth Holmes the founder of Theranos has been sentenced to at least 11 years in prison for lying to investors about her blood testing start.

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Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up that was once valued at 9bn 75bn.

. Theranos was valued at 9 billion and had raised more than 400 million in venture capital. Founded in 2003 by 19-year-old Elizabeth Holmes. Oʊ s was an American privately held corporation that was touted as a breakthrough health technology company.

Theranos fue una corporación privada de tecnología sanitaria promocionada inicialmente como una compañía puntera de tecnología posteriormente famosa por sus falsas declaraciones de. Implantée dans la Silicon Valley. In 2003 the 19-year-old college dropout founded Theranos a medical technology company that promised to revolutionize health care with a device that could test for a range of conditions.

The startup was founded in Feb. Theranos founder Elizabeth Holmes at the federal courthouse on Nov. Theranos founder Elizabeth Holmes was sentenced Friday to more than 11 years in prison for fraud after deceiving investors about the purported efficacy of her companys blood-testing.

Based largely on the. Theranos promised to simplify and streamline the expensive arduous process of lab testing blood samples which at its current rate can cost an uninsured patient over 1000 just to test for. By the end of 2014 her name appeared on 18 US.

Patents and 66 foreign patents. Theranos has raised more than 400 million according to a profile of the company and Holmes by The New Yorker. Theranos dissolved in 2018 and Holmes was charged with 12 counts of fraud alongside her co-executive and former romantic partner Sunny Balwani who was convicted on 12 counts in his.

Ten months after she was found guilty of fraud the former youngest self-made female billionaire Elizabeth Holmes was sentenced to 1125 years. It counts Oracles Larry Ellison among its investors. Justin Sullivan Getty Images.

As the Theranos scandal reached trial commentators said it was remarkable how tightly Holmes clung to her original story and people who knew her say they doubt she has changed. Theranos wowed investors journalists and even groups like the Cleveland Clinic and Walgreens with what you might call an iMedicine vision of blood testing. The Theranos scandal has dominated headlines and in equal measure fascinated and appalled readers worldwide since John Carreyrous shattering report first broke in 2015.

Basically the idea was this. SAN JOSE Calif Nov 18 Reuters - A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now. The Theranos business model and company culture were based on unproven technology fraud secrecy and.

Theranos Inc a consumer healthcare technology startup was once valued at 10 billion and its leadership claimed it would revolutionize the blood-testing industry. Former Theranos CEO Elizabeth Holmes awaits sentencing Friday 10 months after a jury found her guilty of defrauding investors in the failed blood-testing company. Theranos founder Elizabeth Holmes was sentenced to more than 11 years in prison capping the extraordinary downfall of a one-time Silicon Valley wunderkind.

Theranos était une entreprise américaine dans le domaine des technologies de la santé dont les dirigeants ont été inculpés en 2018 pour fraude massive. She was ordered to begin serving the sentence April 27. 2014 was headquartered in Palo Alto Calif.

Theranos was an American health technology company founded in 2003. Theranos CEO Elizabeth Holmes on her company and the landscape of US.

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