Theranos and Ms Holmes, its founder, claimed that Edison, their invention, a portable blood analyser, could conduct comprehensive tests using tiny amounts of blood taken from a pinprick on the finger, rather than vials filled with blood taken from veins. In June, a grand jury indicted Elizabeth Holmes and Ramesh "Sunny" Balwani on almost a dozen wire fraud charges, saying they defrauded investors, doctors and patients.
While Theranos touted its technology as revolutionary, the blood analyzer had only been successfully tested a few times, the Securities and Exchange Commission concluded. Holmes garnered abundant media praise, with The New Yorker lauding her "One Woman Drive to Revolutionise Medical Testing".
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Reporter Stephanie Walsh reported that at least three people were injured, and the suspect engaged in a gun battle with police. Leonard Cain tells The Cincinnati Enquirer that he was about to walk into the bank until someone told him about the shooting.
Taylor took over the CEO role from founder Elizabeth Holmes, a Clinton donor and presidential ambassador for global entrepreneurship under former President Barack Obama, after she was charged with "massive fraud".
The indictments followed months of reporting by The Wall Street Journal that raised questions about the company's technology and practices.
According to the email, Theranos doesn't have enough money to pay creditors in full.
Neither Taylor nor representatives for Palo Alto, California-based Theranos immediately responded to Reuters' requests for comment. If convicted, they could face prison sentences that would keep them behind bars for the rest of their lives, and total fines of US$2.75 million each. Her bold talk and black turtlenecks drew comparisons to Steve Jobs.
County reports record-breaking number of cases last flu season
WTOC spoke to a pharmacist in Bryan County who says he's already heard of one person getting the flu within the last few weeks. Many recommend you get your flu shot before the end of October, and you may be able to be vaccinated as soon as mid-September.
Theranos, founded in 2003 by a then 19-year-old, wide-eyed Elizabeth Holmes, the Stanford drop-out who everyone believed could change the world.
Prosecutors alleged that they defrauded investors out of hundreds of millions of dollars and defrauded doctors and patients. The SEC claimed that she and Ramesh Balwani, her romantic partner and former president of Theranos, had engaged in "an elaborate, years-long fraud in which they exaggerated or made false statements about the company's technology, business, and financial performance".
A national partnership with Walgreens would eventually have resulted in Theranos Wellness Centers within miles of every American.
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The No. 21 seed continued his strong season after returning from a wrist injury that forced him to miss the U.S. He's played a lot of Grand Slams and he knows how to win them". "I was not feeling well", she said.