Theranos founder Elizabeth Holmes to stand trial in 2020 Elizabeth Holmes, the founder of the now-defunct biotech unicorn Theranos, will face trial in federal court next summer with penalties of up to 20 years in prison and millions of dollars in fines. Jury selection will begin July 28, 2020, according to U.S. District Judge Edward […]

Original Content podcast: ‘The Inventor’ offers a compelling overview of the Theranos saga The story of how blood testing company Theranos rose to prominence, then collapsed following accusations of fraud, is getting told and retold in many forms: There’s reporter John Carreyrou’s book “Bad Blood,” plus an upcoming feature film adaptation starring Jennifer Lawrence, plus a […]

Lack of transparency in healthcare startups risks another Theranos implosion Are more Theranos -style scandals looming for investors in healthcare startups? A team of researchers associated with the Meta Research Innovation Center at Stanford thinks so. They’ve  published a paper warning investors in life sciences startups that a systemic lack of transparency exists in their portfolio companies […]

Theranos documentary review: The Inventor’s horrifying optimism A blood-splattered Theranos machine nearly pricks an employee struggling to fix it. This gruesome graphical rendering is what you’ll walk away from HBO’s “The Inventor” with. It finally gives a visual to the startup’s laboratory fraud documented in words by John Carreyrou’s book “Bad Blood”. The documentary that […]

‘The Inventor,’ a documentary about Theranos and the ‘psychology of deception,’ will premiere at Sundance A feature film chronicling the misadventures of Elizabeth Holmes, the criminally charged founder of the once high-flying and now-defunct biotech startup Theranos, will make its official debut at the Sundance Film Festival in Park City, Utah in 2019. Titled “The […]

In Bad Blood, a pedestrian tale of heuristics and lies In a world where thousands and thousands of startups are started in the Bay Area every year, becoming a name that everyone recognizes is no small feat. Theranos reached that summit, and it all came crashing down. The story of the fraudulent rise and precipitous […]

Elizabeth Holmes reportedly steps down at Theranos after criminal indictment Elizabeth Holmes has left her role as CEO of Theranos and has been charged with wire fraud, CNBC and others report. The company’s former president, Ramesh “Sunny” Balwani, was also indicted today by a grand jury. These criminal charges are separate from the civil ones […]

Arizona residents are getting refunds on Theranos tests  Theranos is issuing refund checks to all Arizona residents who used the company’s blood-testing services, thanks to a recent settlement by Arizona Attorney General Mark Brnovich. Between 2013 and 2016, Theranos offered testing at several locations throughout the state in a partnership with Walgreens. However, the drug store […]

Crunch Report | Airbnb Hugs It Out in San Francisco Aurea acquires Jive for $462 million, Airbnb settles lawsuit with the City of San Francisco over unfair overregulation of short-term rentals, Theranos settles a lawsuit with one of its investors and Verizon backs Renovo. All this on Crunch Report. Read More Source: {$feed_title) Crunch Report […]