Company
Theranos
Theranos Inc. (/ˈθɛr.ən.oʊs/) was an American privately held corporation that was touted as a breakthrough health technology company. 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 $9 billion valuation at its peak in 2013 and 2014. The company falsely claimed that it had devised blood tests that could be performed rapidly and accurately, while requiring very small amounts of blood, all using compact automated devices that the company had developed.
Theranos is a privately held company operating in the healthcare sector, based in USA. Leadership tracked by CEOInsider includes Elizabeth Holmes (CEO).
Leadership
Current
Recent developments
AI summary of recent coverageRecent coverage has focused on a new documentary about Elizabeth Holmes and Theranos, examining the convicted founder's fraud case and the blood-testing scandal that harmed patients. The film's release has renewed media attention on Holmes's 2022 conviction for financial crimes, while also covering reports that Holmes is allegedly plotting a biotech comeback from prison. Additionally, coverage has highlighted a doctor's skepticism of Holmes's original claims and the broader gap in laboratory oversight that the Theranos scandal exposed.
Summarized from the headlines in the sidebar; see each source for the full story.