Paige raises M more to map the pathology of cancer using AI One of the more notable startups using artificial intelligence to understand and fight cancer has raised $45 million more in funding to continue building out its operations and inch closer to commercialising its work. Paige — which applies AI-based methods such as machine […]
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: âThe Inventorâ 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 […]
Startups Weekly: Is Munchery the Fyre Festival of startups? It was a tough week. Journalists around the U.S. were hit hard by layoffs, from HuffPost to BuzzFeed News to Verizon Media Group, which owns this very site. The government entered day 35 of the shutdown before President Donald Trump agreed to a short-term deal to […]
Theranos documentary review: The Inventorâs horrifying optimism A blood-splattered Theranos machine nearly pricks an employee struggling to fix it. This gruesome graphical rendering is what youâll walk away from HBOâs âThe Inventorâ with. It finally gives a visual to the startupâs laboratory fraud documented in words by John Carreyrouâs book âBad Bloodâ. The documentary that […]
Remembering the startups we lost in 2018 There are few things in this world more difficult than launching a successful startup. It takes talent, know-how, money and a hell of a lot of good timing and luck. And even with all of those magical components in place, the odds may still be against you. At […]
âThe Inventor,â a documentary about Theranos and the âpsychology of deception,â 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 […]
WSJ reports that Theranos will finally dissolve Theranos is reportedly finally closing down for good, nearly three years after a Wall Street Journal investigation called its blood testing technology into question. The WSJ said the company, whose dramatic downfall spawned a best-selling book thatâs set to be filmed with Jennifer Lawrence starring as Theranos founder […]