What is Theranos founder Elizabeth Holmes on trial for?
Al Jazeera
Theranos claimed it invented a machine that could test for dozens of diseases with a single drop of blood. Five years after her fall from grace, the firm’s founder gets her day in United States court.
United States prosecutors are out for blood — or, more accurately, 20 years of jail time and a nearly $3m fine — for Elizabeth Holmes, the disgraced former CEO of Theranos, a once-glitzy $9bn tech startup that claimed it was changing the world of healthcare one drop of blood at a time. In her heyday, the turtleneck-wearing, raspy-voiced Holmes was hailed as a disruptive genius and investor darling who claimed Theranos had created proprietary technology — a machine called the Edison — that used a tiny drop of blood to screen for a variety of medical conditions, touting it as the future of lab testing technology. Theranos claimed Edison could perform life-saving tests cheaply just about anywhere using only a finger prick of blood rather than a full vial from a vein.More Related News