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Theranos Inc. (/ ˈ θ ɛr. ə n. oʊ s /) was an American privately held corporation [5] that was touted as a breakthrough health technology company. Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $9 billion valuation at its peak in 2013 and 2014.
A few months after I graduated from Stanford’s business school in 2013, Theranos was generating buzz on campus—and not all of it was good. When talk landed on the still mostly-unknown medical ...
A federal district court judge in California has denied the request of Ramesh “Sunny” Balwani, former president and chief operating officer of the defunct blood testing company, Theranos, to ...
A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing ...
Elizabeth Holmes, founder and CEO of the collapsed Silicon Valley blood testing company, Theranos, has been sentenced to 11.25 years in prison plus three years supervised release for financial ...
In 2011, the blood testing company Theranos and its CEO Elizabeth Holmes sued Fuisz and his sons, alleging that Fuisz had misappropriated a Theranos patent and used that information to file his own medical analyzer patent. [50] Theranos and Holmes were represented in the lawsuit by famed litigator David Boies. Boies alleged that the Fuiszes ...
He, along with other executive leadership, was also involved in the development of a partnership with the blood-testing company Theranos. [ 7 ] [ 8 ] He continued to support Theranos founder Elizabeth Holmes even after the Wall Street Journal exposed the company as a fraud, referring to Theranos critics as "haters" and claiming she was "going ...
He started working for Theranos in 2004. Two years later, in 2004, Holmes left Stanford University to start Theranos. In 2017, Balwani admitted to giving Holmes a personal loan to use for Theranos ...