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- Holmes founded Theranos in 2003 as a 19-year-old Stanford dropout.
www.nytimes.com/interactive/2021/08/30/technology/elizabeth-holmes-theranos-trial-key-figures.htmlWho’s Who in the Elizabeth Holmes Trial - The New York Times
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In August 2017 Theranos announced it had reached a settlement with Walgreens. [85] In December 2017 Fortress Investment Group, a wholly owned company of Softbank Group, loaned $100 million to Theranos for 4% of the company. [86]
A Stanford University drop-out, she had founded a company valued at $9bn (£6.5bn) for supposedly bringing about a revolution in diagnosing disease. With a few drops of blood, Theranos promised ...
Sep 14, 2021 · Here’s a closer look at Theranos’ investors and other business ties. Theranos’ investors. Theranos raised about $1.3 billion in funding ($1.4 billion including debt financing) over the course of its history, per Crunchbase data.
In 2018, the U.S. Securities and Exchange Commission (SEC) charged Theranos, Holmes, and former Theranos chief operating officer (COO) Ramesh "Sunny" Balwani with raising $700 million from investors through a fraud involving false or exaggerated claims about the accuracy of the company's blood-testing technology; Holmes settled the charges by ...
Investors managing funds on behalf of former US Education Secretary Betsy DeVos and her family were given false information relating to scandal-hit healthcare firm Theranos, her representative...
Jan 4, 2022 · Theranos founder Elizabeth Holmes has been convicted of defrauding investors after a months-long landmark trial in California.
Nov 19, 2022 · The jury found her not guilty on four other charges and failed to reach a verdict on three more. Holmes, who had pleaded not guilty to all charges, sought a new trial but those requests were ...
