Elizabeth Holmes, ex-CEO, Theranos, Still Undergoing Trials for False Claims (Communities - News & Events)
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Elizabeth Holmes, ex-CEO, Theranos, Still Undergoing Trials for False Claims | |
Elizabeth Holmes, ex-CEO, Theranos, continues to face legal formalities for suspected involvement in fraudulent activities. Criminal allegations against her state that many patients, customers, and investors were misled by her about a flawed blood-testing technology. If proven guilty, what awaits her might be around 20 years in prison. All in all, Holmes now faces nine counts of fraud along with two counts of conspiracy. The popular blood-testing equipment from Theranos had long ago developed significant problems. However, Holmes hid it from the general public, investors, and other consumers for years. Theranos could raise about $900 million from several investors. Besides, the firm secured a deal to roll out the technology in Walgreens pharmacies. The hype around the blood-testing technology was about its ability to scan for a wide range of ailments with just a few drops of blood. Also, the testing equipment was hyped to be faster and more accurate as compared to the conventional laboratory methods of testing blood. For more details please visit our website - https://www.medhealthreview.com/2021/12/12/elizabeth-holmes-ex-ceo-theranos-still-undergoing-trials-for-false-claims/  | |
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| Target State: New York Target City : New York City Last Update : Jul 17, 2025 1:59 AM Number of Views: 26 | Item Owner : medhealthreview Contact Email: Contact Phone: +1 702-213-6364 |
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2025-07-31 (0.714 sec)