theranos mission statement

291 0 obj /Lang (EN-US) 248 0 obj All rights reserved. Theranos drained $96 million from an experienced investor plus some /Lang (EN-US) 149 0 obj 133 0 R null null null 134 0 R null null null 135 0 R null /S /LBody /Type /Page >> /P 358 0 R /P 315 0 R Theranos competitors include TED, Bloomberg, HuffPost, National Journal, Washington Plaza Hot, Morgan Stanley, Newsweek. /Parent 14 0 R Founded in 2003, Theranos is an established company that loves to hire graduates from Pima Medical Institute, with 15.9% of its employees having attended Pima Medical Institute. 57 0 obj /Annots [] /P 55 0 R endobj << /Pg 258 0 R /Pg 251 0 R /Annots [] endobj /K 37 /S /LBody To conduct any kind of research for any company in any industry. /Pg 244 0 R /K 17 Theranos Was Losing Hundreds Of Millions As Elizabeth Holmes Talked Up At times during that period, Balwani worked in several capacities including as a member of the companys board of directors, as its president, and as its chief operating officer. >> /S /LI /P 307 0 R /P 59 0 R /K 14 /S /LI /Pg 258 0 R /K 10 >> /S /P /CropBox [0 0 612 792] 258 0 obj The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. /P 39 0 R /S /TD << << While working at Theranos, Cheung sent an email to others in the company, sharing her concerns about the Edison machines. /P 51 0 R /Pg 235 0 R << /P 8 0 R 13 0 obj She is photographed in 2014 while speaking about the company's vision at their headquarters in Palo Alto . Investors who put a total of $632 million into Theranos in its latest funding round from 2014 to 2015 included " Rupert Murdoch and family-controlled Cox Enterprises Inc., -- [Cox family holdings . << The first week of Theranos founder Elizabeth Holmes' fraud trial is now complete. >> >> >> /Rotate 0 /K 38 << Cultivating a boundless vision until the very end completely untethered from the status quo, rules, requirements and the demands of the here and now Holmes and Theranos were on a special kind of journey. /StructParents 1 Elizabeth Holmes speaks on stage at the Glamour Women of the Year Awards where she receives an award, in New York, NY on Nov. 9, 2015. The indictment alleges that the defendants used a combination of direct communications, marketing materials, statements to the media, financial statements, models, and other information to defraud potential investors. /Pg 238 0 R /MediaBox [0 0 612 792] Heinz and Kraft Foods. endobj >> /S /LBody /Lang (EN-US) << /Lang (EN-US) /Lang (EN-US) endobj << /Pg 235 0 R endobj << /S /P /Tabs /S /S /LI /Lang (EN-US) >> /S /LI endobj 393 0 obj /S /LI null 233 0 R null null null 234 0 R null null 64 0 R 65 0 R << /P 59 0 R /K 26 None of the information on this page has been provided or approved by Theranos. >> 236 0 obj /P 8 0 R /Lang (EN-US) >> /Pg 249 0 R >> /P 54 0 R << /Lang (EN-US) /Lang /S /LI Theranos founder Elizabeth Holmes arrives at San Jose court, Theranos CEO on companys blood testing system. /S /LBody 312 0 obj << /S /Sect /P 317 0 R /S /LI Claiming and updating your company profile on Zippia is free and easy. >> The effects of cheating in the service of good are not only treacherous for those who cheat, but also for those who interact and deal with the cheaters. /S /LI >> 34 0 obj /P 50 0 R endobj Pay at Theranos is significantly lower than some of its highest paying competitors, like. /P 48 0 R /P 275 0 R /Lang (DE-DE) /K 124 0 R Best Companies to Work for in Palo Alto, CA, Best Start-up Companies to Work For in America, Best Health Care Companies to Work For in California, Best Start-up Companies to Work For in California, Best Companies to Work For in Palo Alto, CA, Best Health Care Companies to Work For in Palo Alto, CA, Best Start-up Companies to Work For in Palo Alto, CA. Quotes displayed in real-time or delayed by at least 15 minutes. The Associated Press contributed to this report. endobj These detailed accounts show a pattern of behaviors consistent with a distorted motivational and cognitive state. >> endobj /Pg 235 0 R /Annots [] /P 380 0 R endobj << /S /LI /P 54 0 R Companies in Silicon Valley are wonderfully fond of describing themselves as "mission-driven.". 161 0 obj $1 million bail: Student accused of attacking teacher's aide over Nintendo Switch, Consumer confidence: Optimism of US consumers declined in February, reflecting fears of a recession. >> /Lang (EN-US) /Pg 240 0 R /Pg 235 0 R /S /LBody null 47 0 R null null 129 0 R null null null 130 0 R null /P 42 0 R 313 0 obj /K 136 0 R endobj endobj /P 303 0 R /Pg 255 0 R >> /K 166 0 R 35 0 R 36 0 R 37 0 R 38 0 R 39 0 R 40 0 R 41 0 R 42 0 R 43 0 R 44 0 R /Pg 235 0 R << << /S /L endobj << 36 0 obj Theranos' Bad Blood - Ethics Unwrapped /S /LI 175 0 obj >> << << Yam said she had never seen the document before, nor did she know where those numbers had come from. Theranos may also be known as or be related to Theranos, Theranos Inc, Theranos Inc. and Theranos, Inc. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. uuid:08e7f9c5-06b3-4447-b9e6-d8f448ec8b85 /Tabs /S >> /Lang (EN-US) /K 198 0 R /S /P /P 55 0 R /Pg 238 0 R /S /L /S /P According to Temporal Construal Theory, a compelling, unfulfilled mission can trigger this type of operational myopia. endobj >> /K 123 0 R /K 14 /P 262 0 R /P 50 0 R /K 169 0 R 13 [null null 178 0 R null null null 179 0 R null null null >> /MediaBox [0 0 612 792] >> >> /K 8 endobj /P 8 0 R /K 24 99 0 obj /K 191 0 R /K 8 0 R /P 8 0 R << << /Pg 243 0 R >> A young (age-defying), pure-looking (evil-defying), masculine-sounding (stereotype-defying) female CEO speaking about Theranos unfulfilled feats in the present or past present tense, Holmes proposition was so enticing that she was able to assemble one of the most impressive boards in corporate America. /P 8 0 R /P 273 0 R /P 50 0 R 2. /Type /Pages 286 0 obj /S /LBody /Type /MCR The Theranos founder intentionally deceived investors, a US . >> /S /P 246 0 obj >> /S /LI endobj endobj endobj /Type /Page CNN . /K 22 null] << 14 0 obj 307 0 obj /Tabs /S /K 0 endobj /K [349 0 R 350 0 R 351 0 R 352 0 R 353 0 R] /Pg 247 0 R /P 371 0 R << /Footnote /Note >> endobj endobj 155 0 obj A mission that reads more like a fact sheet than something that explains a company's reason for existing won't be effective. /P 8 0 R endobj 57 0 R 58 0 R null null 223 0 R null null null 224 0 R null >> /Lang (EN-US) endobj /Type /Pages 108 0 obj /P 33 0 R 7 [null null 147 0 R null null null 148 0 R null null null /P 8 0 R /P 389 0 R endobj /K 118 0 R /P 390 0 R /P 50 0 R 2018-03-14T09:02:10-07:00 338 0 obj 399 0 obj /P 324 0 R /K 34 /P 322 0 R The request for Holmes toremain free pending an appeal, filed Feb. 23 with the U.S. District Court for the Northern District of California, did not say when Holmes had her second baby. After asking questions about Theranos continued losses and lack of revenue, prosecutors showed Yam a document they said was shared with investors; it projected $140 million in revenue in 2014 and $990 million in 2015. >> Elizabeth Holmes and her ill-fated blood-testing start up, Theranos, are the subjects of the latest exceptional read. << /P 278 0 R /Tabs /S /Pg 238 0 R /P 271 0 R endobj endobj /K 163 0 R /Pg 251 0 R /Pg 236 0 R /S /LBody /Tabs /S /Pg 250 0 R /K 154 0 R /P 393 0 R /CropBox [0 0 612 792] /Lang (EN-US) /Type /Catalog /P 48 0 R /K 24 /P 8 0 R >> 191 0 obj /P 50 0 R /Lang (EN-US) /S /LBody Theranos Announces Expansion of Board of Directors and New /MediaBox [0 0 612 792] /Pg 238 0 R /Annots [] /K 10 /Pg 241 0 R /MediaBox [0 0 612 792] /S /LI >> /Parent 11 0 R /Lang (EN-US) /K 2 The Theranos scandal has dominated headlines, and both fascinated and appalled readers worldwide, since John Carreyrou's shattering report first broke in 2015. /Pg 250 0 R /Lang (EN-US) /K 24 << << /Pg 248 0 R /Lang (EN-US) >> /P 268 0 R 37 0 obj /Pg 239 0 R >> /S /LI << /S /LBody >> /K 195 0 R 377 0 obj /K 14 The Theranos HSV-1 IgG Assay is for use with the Theranos System which performs automated sample processing steps and result analysis. /K 230 0 R 132 0 obj /S /P /Pg 247 0 R /P 8 0 R /S /LBody /P 313 0 R /P 380 0 R /S /TD >> << 269 0 obj 194 0 obj /CropBox [0 0 612 792] /P 8 0 R 341 0 obj /P 51 0 R /S /LI /Lang (EN-US) /MCID 2 /Pg 257 0 R /Pg 237 0 R 274 0 obj << Here's Robert Leach, assistant U.S. attorney, who is prosecuting the case against Holmes: "This is a case about fraud, about lying and cheating to get money," Leach says. /S /LI /S /LBody /Resources 500 0 R /Tabs /S /K 211 0 R >> Theranos founder Elizabeth Holmes "lied and cheated" for money and fame, prosecutors alleged on the first day of the former Silicon Valley star's trial. << Mark Zuckerberg's Facebook mission statements hide his real aim Theranos is ranked #71 on the Best Start-up Companies to Work For in America list. /S /LI The indictment charges each defendant with two counts of conspiracy to commit wire fraud, in violation of 18 U.S.C. /S /LBody Balwani, who was convicted on 12 counts of fraud and conspiracy and sentenced to nearly 13 years in prison, is also seeking to remain free amidan appeal. /K 188 0 R << Theranos eventually settled that matter with the government, voluntarily closing all of its labs. /K 24 /K 7 /S /LBody /P 264 0 R 52 0 obj Theranos: A Fallen Unicorn - Investopedia >> << /S /P /Annotation /Span /P 380 0 R Did you ever provide financial projections to investors? Robert Leach, an assistant US attorney,asked Yam. The tests performed on Theranos technology, in addition, were likely to contain inaccurate and unreliable results. /K 10 << /P 265 0 R >> endobj History of Theranos - Case Study Blog: Theranos >> /S /P /S /LBody /Lang (EN-US) endobj endobj /S /LBody /K 49 /Rotate 0 353 0 obj endobj Jumping off the track ends not with a win for consumers, physicians, investors and the company but with charges from the DOJ and the SEC. >> /S /LBody 380 0 obj << /K 207 0 R Fear a Culture of Fear. >> /Pg 255 0 R >> >> 45 0 obj /P 8 0 R 237 0 obj /StructParents 2 /P 50 0 R endobj /S /LI /P 365 0 R << >> /K 6 /P 8 0 R /K 24 >> Elizabeth Holmes blue eyes and baritone voice, her, albeit incomplete, Stanford credentials and well-crafted life narrative were the perfect exterior to a dream-come-true vision of a better future for millions of people. << << /S /LBody /Lang (EN-US) /Parent 14 0 R /K [111 0 R 112 0 R 113 0 R 114 0 R] /K 20 /Lang (EN-US) /Lang (EN-US) >> /Lang (EN-US) /P 50 0 R - Sep 15, 2021 3:40 pm UTC. /Outline /Span /P 48 0 R endobj /P 51 0 R /Type /Page 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 93 0 R] >> It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. /Pg 252 0 R >> /Metadata 4 0 R endobj >> >> << 331 0 obj 182 0 obj /P 381 0 R 186 0 obj endobj /K 221 0 R << endobj >> /P 381 0 R (REUTERS/Carlo Allegri). /K 35 /Annots [] << /K 168 0 R << 257 0 obj endobj /K 33 << endobj The data presented on this page does not represent the view of Theranos and its employees or that of Zippia. endobj /P 320 0 R In addition, the defendants represented to investors that Theranos would soon dramatically increase the number of Wellness Centers within Walgreens stores when, in truth, Holmes and Balwani knew by late 2014 that Theranoss retail Walgreens rollout had stalled because of several issues, including that Walgreenss executives had concerns with Theranoss performance. /Lang (EN-US) 74 0 obj << /K 224 0 R << endobj endobj endobj Mutual Fund and . /K 25 /K 9 endobj /P 333 0 R Based in Palo Alto, CA, Theranos is a small health care company with only 100 employees and an annual revenue of $55.3M. /S /LBody << Assistant U.S. /S /P The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. >> << The company claimed that it had devised . 351 0 obj /Tabs /S /Lang (EN-US) /P 51 0 R >> endobj We searched far and wide for the best company mission statement examples. endobj endobj 75 0 R 76 0 R 77 0 R 78 0 R 79 0 R 80 0 R 81 0 R 82 0 R 83 0 R 84 0 R /P 304 0 R /S /LI They proposed revoking the companys license to test human specimens. >> /Lang (EN-US) /Contents [453 0 R 454 0 R 455 0 R] /S /P >> /K 0 /P 40 0 R Now a mom of two, ex-Theranos CEO Elizabeth Holmes wants to delay /S /P endobj /Contents [398 0 R 399 0 R 400 0 R 401 0 R 402 0 R 403 0 R 404 0 R 405 0 R 406 0 R 407 0 R] 200 0 obj endobj endobj /Pg 235 0 R But indictments said Holmes andher colleague and former romantic partner Ramesh Sunny Balwani, lied about the technology, the company's finances, and its partnerships with the Department of Defense and Walgreens. endobj 333 0 obj /K 189 0 R In November 2022, Holmes was sentenced to 135 months in prison for defrauding investors in the failed Silicon . Further, the indictment alleges that based on the defendants misrepresentations and omissions, many hundreds of patients paid, or caused their medical insurance companies to pay, Theranos, or Walgreens acting on behalf of Theranos, for blood tests and test results, sometimes following referrals from their defrauded doctors. << /Pg 256 0 R Best Mission Statements: 12 Examples You Need to See - Fond 295 0 obj /P 54 0 R /P 55 0 R << As years went by, whenever employees or experts raised warnings . endobj endobj The company's stated mission was to "revolutionize medical laboratory testing," according to the Department of Justice. endobj endobj 314 0 R 315 0 R 316 0 R 317 0 R 318 0 R 319 0 R 320 0 R 321 0 R 322 0 R 323 0 R 296 0 R 297 0 R 298 0 R 299 0 R 300 0 R 301 0 R 302 0 R 303 0 R] >> Mirage Or Vision? Four Blind Spots At The Core Of Theranos - Forbes /S /LI Adobe PDF Library 15.0; modified using iText 2.1.7 by 1T3XT >> 364 0 R 365 0 R 366 0 R 367 0 R] 347 0 obj /P 282 0 R /Parent 14 0 R /P 8 0 R /P 8 0 R endobj endobj >> Investors have poured more than $400 million into Theranos, valuing it at $9 billion and her majority stake at more than half that. According to the March 2018 statement from the SEC, Theranos, . But Theranos shared very little about its blood-testing machine with the public or medical community. 93 0 obj /Pg 258 0 R /S /LBody endobj Creating something new is about breaking the status quo. /Pg 244 0 R /P 50 0 R /Lang (EN-US) /CropBox [0 0 612 792] /K 222 0 R endobj endobj << endobj /P 338 0 R Attorneys Jeff Schenk, Robert S. Leach, and John C. Bostic are prosecuting the case with the assistance of Laurie Worthen and Bridget Kilkenny. 29 0 obj /Pg 235 0 R The startup entrepreneurial spirit is selling a vision of a fictional product - a product that does not yet exist. For the small private firm, the publically traded company or the large enterprise vision, effort and determination needs to be firmly tied to the track - compliance. ] >> >> /P 316 0 R 360 0 obj /S /LBody /S /LI 82 0 obj /S /LBody /Contents [489 0 R 490 0 R 491 0 R] 255 0 obj /P 8 0 R 176 0 R null null null 177 0 R null null null 178 0 R null /Pg 248 0 R 315 0 obj /K 148 0 R /Lang (EN-US) /S /LBody /Parent 14 0 R /K 18 >> << << 196 0 obj 152 0 obj We just didn't know what new form it would take. /K 208 0 R Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20) and Ars Technica Addendum (effective 8/21/2018). /S /LBody /K 261 0 R >> /K 1 /MediaBox [0 0 612 792] 123 0 R null null null 124 0 R null null] >> 266 0 obj /Annots [] /Kids [250 0 R 251 0 R 252 0 R 253 0 R 254 0 R 255 0 R 256 0 R 257 0 R 258 0 R] endobj /S /P >> /Type /Page >> << endobj /Pg 246 0 R /Creator (Acrobat PDFMaker 18 for Word) << This material may not be published, broadcast, rewritten, or redistributed. /Pg 249 0 R << /Lang (EN-US) PDF 510(k) SUBSTANTIAL EQUIVALENCE DETERMINATION - Food and Drug Administration /SourceModified (D:20180314151216) >> /K 130 0 R Investors large and small from around the world are attracted to Silicon Valley by its track record, its talent, and its promise. "Sunny Balwani did not start Theranos," said the lawyer . >> /K 45 Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. 154 0 obj endobj /CropBox [0 0 612 792] According to the indictment returned yesterday and unsealed today, the charges stem from allegations Holmes and Balwani engaged in a multi-million dollar scheme to defraud investors, and a separate scheme to defraud doctors and patients. Through these advertisements, the defendants explicitly represented to individuals that Theranoss blood tests were cheaper than blood tests from conventional laboratories to induce individuals to purchase Theranoss blood tests. endobj >> 217 0 R null null null 218 0 R null null null 219 0 R null Mission statement examples: 16 of the best to inspire you << /P 366 0 R << /K 186 0 R null null 197 0 R null null null 198 0 R null null null 174 0 obj /P 340 0 R >> /S /LI /K 0 /P 357 0 R /K 22 /P 50 0 R /P 42 0 R /Lang (EN-US) 320 0 obj /Pg 258 0 R /Lang (EN-US) /Pg 237 0 R /K 190 0 R << /P 318 0 R /Type /Page /S /LBody And the company's downfall later became the focus of an HBO documentary, "The Inventor: Out for Blood in Silicon Valley. Prosecutors Call Theranos Ex-CEO Elizabeth Holmes A Liar And A Cheat As >> endobj /Contents [485 0 R 486 0 R 487 0 R] "I was taken with the idea . The FDA would like to extend our thanks to our federal law enforcement partners for sending a strong message to Theranos executives and others that these types of actions will not be tolerated, said Catherine A. Hermsen, Acting Director, FDA Office of Criminal Investigations. 219 0 obj /S /LI << << /Pg 238 0 R << >> /K 2 endobj /K 47 >> /Pg 256 0 R /Rotate 0 Tech workers are using company mission statements to hold their CEOs accountable. /Lang (EN-US) /Pg 257 0 R << Join the Ars Orbital Transmission mailing list to get weekly updates delivered to your inbox. /Pg 235 0 R /CropBox [0 0 612 792] /Lang (EN-US) endobj << << 93 0 R] endobj endobj 134 0 obj endobj Holmes, 34, of Los Altos Hills, Calif., founded Theranos in 2003. In part, according to the report, Theranos had neglected to use the device it marketed as the "lynchpin of its strategy," called the Edison, for the majority of the tests conducted. /P 8 0 R >> endobj Theranos is headquartered in Palo Alto, CA. >> endobj /K 18 n. o s /) was an American privately held corporation that was touted as a breakthrough health technology company. /StructParents 21 Palantir has . 244 0 obj /P 51 0 R >> /Rotate 0 /K 393 0 R /Pg 243 0 R /S /P << But thats not what the company was telling investors, according to new documents shared during the jury trial of Theranos founder and CEO Elizabeth Holmes. 153 0 obj endobj << << 379 0 obj /TextBox /Art << The startup was founded in Feb. 2014, was headquartered in Palo Alto, Calif., according to Bloomberg. /Parent 14 0 R /K 6 >> The extraordinary entrepreneur on Fortune's June cover explains her mission and opportunity aheadWant to see more Fortune Video? /S /P /S /LBody /K 20 endobj << 124 0 obj endobj 21 0 obj 126 0 obj endobj /Pg 247 0 R /K 140 0 R /S /P Holmes only canceled the trip after prosecutors contacted Holmes attorneys about the unauthorized flight, prosecutors said. endobj >> In fact, those challenges dwarfed in relation to the potential benefits of the vision the tech company eagerly shared with those with whom it wished to partner. 371 0 obj /P 8 0 R endobj /S /LBody stream 214 0 obj Elizabeth Holmes finishes testifying in Theranos trial - The Washington /K [28 391 0 R] /S /LBody /S /L 348 0 obj /S /LI >> 231 0 obj << Theranos and Elizabeth Holmes: the Marketing of Silicon Valley's /P 294 0 R /S /LI 241 0 obj /P 8 0 R Nies was hired at Theranos in March 2015 for $185,000 a year to be the senior manager of customer service and call center operations at the company's headquarters in Palo Alto, Calif., according . << /S /P /P 300 0 R << /Lang (EN-US) /P 55 0 R 243 0 obj endobj /K 260 0 R /S /LI /Pg 244 0 R /S /LI 140 0 obj /Pg 253 0 R /P 8 0 R /P 8 0 R /Pg 238 0 R endobj << Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014. >> /S /LI /S /LBody /P 289 0 R /Resources 492 0 R /Resources 472 0 R >> /P 8 0 R /P 55 0 R << endobj /Pg 235 0 R /Pg 247 0 R /S /LBody 201 0 R null null null 202 0 R null null null 203 0 R null /P 308 0 R 375 0 obj Ars may earn compensation on sales from links on this site. >> /S /LBody endobj /Lang (EN-US) 389 0 obj endobj According to a statement from the SEC, "Theranos, Holmes, and Balwani made numerous false and misleading statements in investor presentations, product demonstrations, and media articles by which they deceived investors into believing that its key productcould conduct comprehensive blood tests from finger drops of blood, revolutionizing the . endobj << /Pages 5 0 R Theranos' mission was "to make actionable health information accessible to people everywhere in the world, at the time they most need it." It was a lofty, inspiring, and valiantly unifying purpose, . . /S /P /K [24 387 0 R] >> /S /LBody Ms. Holmes's lawyers have said the entrepreneur dedicated 15 years to Theranos's mission and her only crime was having a startup that failed, as so many do << /Resources 424 0 R endobj /K 6 /Lang (EN-US) /P 339 0 R >> null null 152 0 R null null] /S /L endobj >> She pitched its technology as a cheaper way to run dozens of blood tests with just a prick of a finger and a few droplets of blood. After Cheung went to the federal government, Theranos hired a private detective to spy on her, according to court documents released last week. /Pg 256 0 R 250 0 obj << << /Lang (EN-US) The national average salary for a Theranos employee in the United States is $44,094 per year. /Lang (EN-US) In 2013, things had "started to get a bit tight," Yam said. /K [10 392 0 R] /P 8 0 R /S /LBody 26 0 obj The company boasted the ability to get results from very small amounts of blood, something that would be revolutionary in medical diagnostics. /Tabs /S 218 0 obj About us Our mission is to make actionable information accessible to everyone at the time it matters. endobj << << Theranos scandal: Who is Elizabeth Holmes and why was she on trial? /K 30 /P 8 0 R /Rotate 0 /K 178 0 R >> 84 0 obj /MediaBox [0 0 612 792] >> 235 0 obj endobj /Lang (EN-US) /Pg 245 0 R << 253 0 obj endobj /Lang (EN-US) /K 181 0 R << << << /Pg 252 0 R /S /LBody >> endobj The alleged fraud, which Holmes perpetrated as the companys founder and CEO, may have felt less onerous due to the goodness of the vision and mission she championed. 249 0 obj University Mission Statement. But in February, the pair had a number of charges dropped, excluding wire fraud. /Lang (EN-US) << endobj >> /S /P << << /K [374 0 R 375 0 R 376 0 R 377 0 R 378 0 R 379 0 R] >> /Pg 258 0 R >> /K 196 0 R Next to a perfectly dosed narrative of black turtlenecks, sprawling office facilities, glossy paper spreads and alluring marketing campaigns, the supposed Apple look-alike of the health technology industry tantalized investors and consumers with its mission, to facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives. Its no surprise that many bought into it. /P 48 0 R Special conditions for use statement(s): The Theranos HSV-1 IgG Assay is for prescription use only in accordance with 21 CFR 801.109 4. /S /LI /Lang (EN-US) << /K 7 /Pg 255 0 R /Lang (EN-US) 1343. << endobj /K 2 << /K 14 /P 286 0 R << >> << /Pg 239 0 R /Pg 239 0 R 83 0 obj /K 10 /Lang (EN-US) /K 27 /P 354 0 R /MCID 2 1. /P 48 0 R >> /Pg 257 0 R /K 21 /Tabs /S 85 0 obj /Annots [] /Pg 235 0 R /P 323 0 R /MCID 2 << endobj endobj >> 17 [null null 204 0 R null null null 205 0 R null null null Elizabeth Holmes - Crime Museum 89 0 obj >> >> endobj << << /P 50 0 R 293 0 obj << >> /K 11 . /Pg 238 0 R << 344 0 obj endobj >> /MCID 2 /Lang (EN-US) 103 0 obj 204 0 obj /Pg 243 0 R /S /LI /P 331 0 R /K 21 /K [18 385 0 R] /K 12 /P 359 0 R /Count 5 /Lang (EN-US) 106 0 obj endobj Paradoxically, instead of warranting greater scrutiny, the very gap between Theranos projected solution and the requirements of the available blood-testing technology may have prevented a number of decision-makers from focusing on practical questions during evaluation of the companys potential and its various promises. /Pg 256 0 R Consider Elizabeth Holmes obsession with producing as small a micro-Lab as possible or with using just a few drops of blood in order to conduct the myriad of tests Theranos promised. Theranos | LinkedIn /S /LI /P 50 0 R endobj /P 342 0 R << This district, led by Silicon Valley, is at the center of modern technological innovation and entrepreneurial spirit; capital investment makes that possible. 3553. << /S /LBody /Lang (EN-US) /Lang (EN-US) /StructParents 19 /Annots [] /P 337 0 R /S /P endobj >> /S /L /P 8 0 R Recalls, Market Withdrawals and Safety Alerts, Inspections, Compliance, Enforcement, and Criminal Investigations, June 15, 2018: Theranos Founder and Former Chief Operating Officer Charged in Alleged Wire Fraud Schemes. /Parent 11 0 R >> /Lang (EN-US) 195 0 obj /CropBox [0 0 612 792] >> endobj /K 28 Theranos is a now-defunct healthcare technologystartup founded by disgraced Stanford drop-out Elizabeth Holmes. 343 0 obj >> PDF Theranos and Startup Culture: Vision or Fraud? - Berkeley Law /K [28 394 0 R] /Pg 247 0 R endobj If convicted, the defendants face a maximum sentence of twenty (20) years in prison, and a fine of $250,000, plus restitution, for each count of wire fraud and for each conspiracy count.

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