From there, Holmes’s legacy unraveled.įast-forward to 2022, when Holmes was found guilty on four counts of fraud and conspiracy, including accepting money from investors while aware that the companies’ tests had faults. “Theranos has struggled behind the scenes to turn the excitement over its technology into reality,” he wrote.
But the Wall Street Journal’s John Carreyrou’s investigation of Holmes in 2015 revealed that the Edison device Theranos used to diagnose diseases was not all that it seemed the company wasn’t using its own technology to provide results. She was lauded as a game changer to the medical and tech world, with Fortune itself calling her “out for blood” while noting her youth, secrecy, relentlessness, and what seemed at the time like a mild-mannered nature.
Starting off strong, with assertions that Theranos could conduct over 100 tests on “just a few drops of blood” to detect everything from glucose levels to the presence of different antibodies, Holmes’s promises were soon revealed to be undeliverable.
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