Forged documents, nearly $1 billion in funds raised, $585 million in losses: Elizabeth Holmes’s criminal trial is revealing inside information about Theranos
In the courtroom testimony that has unfolded so far in the criminal trial of Theranos Inc. founder Elizabeth Holmes, jurors have heard about the early promise of her startup and how Ms. Holmes set out to revolutionize healthcare by eliminating big needles from blood testing.
They have also begun to hear about how the company’s ambitions to test for a range of conditions using just a few drops of blood from a finger prick fell short, and how some employees quit after they said they tried to sound the alarm that the company was allegedly putting patient health at risk.
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