<< /Lang (EN-US) endobj /K [8 94 0 R] /Type /Page << /S /LI /K 226 0 R CNMN Collection >> /Resources 432 0 R >> << /K 134 0 R 5 0 obj /Pg 254 0 R endobj With << 3553. /S /LI 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 244 0 R /K 18 endobj /K 11 125 0 obj /K 18 316 0 obj /K 6 endobj >> /P 63 0 R >> /K 122 0 R /K 2 Theranos' mission: a blood test requiring only a pinprick of blood, enough to run dozens of medical tests on the startup's hi-tech machines. How Theranos's Big Investors Were Taken - Forbes /K 14 /P 326 0 R /P 166 0 R endobj >> /P 353 0 R /Pg 256 0 R endobj >> /S /LBody Connor Radnovich/The Chronicle. endobj /Lang (EN-US) /K 132 0 R /P 317 0 R endobj /MCID 2 Instead, a vision made boundless by its sharp divide from reality and its extraordinarily narrow goals ended up only perpetuating a state of motivated blindness. /Pg 243 0 R /P 324 0 R >> 213 0 obj /S /P 142 0 obj /Rotate 0 /P 23 0 R 120 0 obj << /P 48 0 R /K [26 397 0 R] 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. /S /P /S /LBody >> endobj << /K 21 She now has "two very young children hertoddler and an infant," according to a recent court filing. /K 10 /Pg 255 0 R /S /P 18 0 obj /P 337 0 R >> /S /LBody /S /LBody << /K 22 282 0 obj /Lang (EN-US) endobj /Lang (EN-US) << /Annots [] endobj 115 0 obj Former Theranos board member and former Secretary of Defense James "Mad Dog" Mattis testified last week in the criminal trial of former Theranos CEO Elizabeth Holmes. /Contents [477 0 R 478 0 R 479 0 R] endobj << /K [349 0 R 350 0 R 351 0 R 352 0 R 353 0 R] Zippia Score 4.7. << /Lang (EN-US) 137 0 obj endobj /MCID 2 /Pg 251 0 R << /Rotate 0 << endobj Theranos dissolved in September 2018 and founder Elizabeth Holmes now faces up to 20 years in prison for fraud and conspiracy. 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. /S /LBody /P 50 0 R /P 378 0 R << Solved ChapterCase 12 Part II-Strategic Management 1. What | Chegg.com /Lang (EN-US) /K [14 389 0 R] /Rotate 0 endobj /K 10 35 0 obj << >> endobj 211 0 R null null null 212 0 R null null null 213 0 R null endobj endobj 193 0 obj >> /Tabs /S Theranos gambit may have extended over time precisely because all four biases played a role in the making of a dream that was never fully tested against the constraints of reality. The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. /Pg 251 0 R /S /P >> null null null 231 0 R null null null 232 0 R null null /K 22 Theranos, CEO Holmes, and Former President Balwani Charged With - SEC >> endobj /Lang (EN-US) /Rotate 0 Help other job seekers by rating Theranos. >> endobj 1 0 obj >> 17 0 obj In the age of corporate purpose, the mission statement serves as a reminder of why an organization exists. /P 50 0 R 1349, and nine counts of wire fraud, in violation of 18 U.S.C. /MCID 2 /K 14 << /Lang (EN-US) ", EX-THERANOS CEO ELIZABETH HOLMES PROVIDING OWN DEFENSE IN CIVIL SUIT: REPORT. endobj 111 0 obj /K 151 0 R /Pg 235 0 R endobj >> /Pg 241 0 R >> /K 12 /S /LI endobj /Artifact /P /ITXT (2.1.7) (Photo by Kristoffer Tripplaar/AP). 145 0 R null null null 146 0 R null null null 147 0 R null /Type /Page Nov 8, 2017. 185 0 obj 20 0 obj /Rotate 0 /Pg 238 0 R /CropBox [0 0 612 792] << /P 8 0 R >> endobj Prosecutors Call Theranos Ex-CEO Elizabeth Holmes A Liar And A Cheat As Trial Opens Defense lawyers say Holmes believed the company could screen for hundreds of diseases with just a finger prick . /S /LBody 312 0 obj /K 172 0 R << 203 0 obj /S /LI endobj endobj /S /LBody << /Type /Page endobj /S /TR << << ] Specifically, the defendants claimed that Theranos developed a revolutionary and proprietary analyzer that the defendants referred to by various names, including as the TSPU, Edison, or minilab. /P 381 0 R /K 5 Hot Startup Theranos Has Struggled With Its Blood-Test Technology << The company grew to be worth more than $9 billion, employing more than800 employees attracting investors such asLarry Ellison, founder of Oracle; Rupert Murdoch, billionaire media mogul; and the Walton family, who founded Walmart. 318 0 obj null 52 0 R 53 0 R] /K 393 0 R /K 10 /S /LI << /S /LI /K 225 0 R /Pg 258 0 R << 2023 Cond Nast. >> /K 9 /Lang (EN-US) endobj >> /P 325 0 R /Tabs /S /S /P /P 268 0 R endobj << >> endobj endobj 2 [null null 119 0 R null null null 120 0 R null null 41 0 R >> /S /LBody >> 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. << /Lang (EN-US) /Resources 436 0 R 2018-03-14T09:02:10-07:00 /Lang (EN-US) /P 274 0 R /Pg 256 0 R /InlineShape /Figure 178 0 obj endobj 23 [83 0 R 84 0 R 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R Elizabeth Holmes is the founder and former CEO of Theranos (2003-2018), a company that created and distributed blood testing devices. /CropBox [0 0 612 792] >> endobj /Pg 246 0 R /P 291 0 R Theranos drained $96 million from an experienced investor plus some /P 8 0 R /P 336 0 R /Annots [] /CropBox [0 0 612 792] endobj /Pg 235 0 R /Annots [] Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. >> << Theranos is a consumer healthcare technology company. /K 14 212 0 obj endobj /Pg 235 0 R 171 0 R null null] /Resources 420 0 R /P 50 0 R endobj /P 328 0 R Learn about working at Theranos from employee reviews and detailed data on culture, salaries, demographics, management, financial, and more. endobj Starbucks: Inspire and nurture the human spirit - one person, one cup and one neighborhood at a time. endobj /Pg 237 0 R endobj >> /K 22 endobj 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. /Pg 252 0 R /Pg 245 0 R /Tabs /S /P 50 0 R /K 186 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. 38 0 obj endobj endobj /K 130 0 R Theranos founder Elizabeth Holmes charged with massive fraud - CNNMoney /Pg 242 0 R /S /P /K 230 0 R /S /LBody 33 0 obj /S /LI Brian Grossman had 20 years of experience in the healthcare space but his firm, PFM Health Sciences, invested $96 . /P 50 0 R 170 0 obj /K 18 Entrepreneurship lives in the realm of threading between the present and the future. /StructParents 7 /Pg 235 0 R flagrantly vague and often outright untruthful statements. /Parent 11 0 R 207 0 obj /P 342 0 R endobj Claim This Company. /K 24 /StructParents 13 /K 150 0 R 10 [null null 163 0 R null null null 164 0 R null null null /Lang (EN-US) /K 9 << endobj /K 144 0 R /S /LBody 322 0 obj This material may not be published, broadcast, rewritten, or redistributed. /P 316 0 R /K 179 0 R >> /P 54 0 R endobj endobj 182 0 obj The company boasted the ability to get results from very small amounts of blood, something that would be revolutionary in medical diagnostics. << endobj 347 0 obj 22 [70 0 R 71 0 R 72 0 R 73 0 R 74 0 R 75 0 R 76 0 R 77 0 R 78 0 R 79 0 R >> (REUTERS/Carlo Allegri). endobj /Tabs /S /Pg 255 0 R /Pg 253 0 R /Contents [429 0 R 430 0 R 431 0 R] /S /P 1349, and nine counts of wire fraud, in violation of 18 U.S.C. >> >> Follow Company. /P 8 0 R endobj >> 388 0 obj application/pdf Theranos Flashcards | Quizlet >> 13 0 obj 283 0 obj /K 185 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. The Spectacular Rise and Fall of Elizabeth Holmes and Theranos endobj /Lang (EN-US) /Contents [425 0 R 426 0 R 427 0 R] /K 6 314 0 obj /P 48 0 R endobj << /Lang (EN-US) 1343. Elizabeth Holmes verdict: researchers share lessons for science - Nature >> >> 52 0 obj /Pg 235 0 R endobj /K 4 Mr. Balwani's lawyer started his opening statement by deflecting blame onto Ms. Holmes, who was the chief executive of Theranos. Cheung said she joined the company largely on the star power of its CEO. /K 6 /K 14 /K 3 /Type /Page endobj The conduct alleged in these charges erodes public trust in the safety and effectiveness of medical products, including diagnostics. >> << << >> << 364 0 R 365 0 R 366 0 R 367 0 R] Terry Masson (Founder and Chief Executive Officer). >> /K 210 0 R endobj 368 0 obj 1 [null null 115 0 R null null null 116 0 R null null null John Carreyrou writes the story of a gifted 19-year-old who founded a health . endobj /P 40 0 R << << /S /P >> >> << /P 380 0 R endobj /Pg 239 0 R >> /S /LBody /StructTreeRoot 3 0 R Follow Mike Snider on Twitter:@mikesnider. >> 240 0 obj /K 188 0 R /K 19 << /S /LBody stream 154 0 R null null null 155 0 R null null null 156 0 R null endobj 200 0 obj >> 67 0 obj << endobj /S /P >> Toxic culture: Lessons from Theranos | Eagle Hill Consulting /S /P /Lang (EN-US) << << /K 118 0 R endobj /P 48 0 R >> /Rotate 0 /Annots [] Holmes claimed Theranos could do "more than 1,000 tests"it did 12 /S /P null] 187 0 obj /Type /Page /Type /Page 306 0 obj null null 174 0 R null null null 175 0 R null null null Though highly desirable, these significant features were not as instrumental in the fulfillment of Theranos vision as they were initially pledged. /Marked true >> /S /LBody endobj << /P 8 0 R >> /Lang (EN-US) Assistant U.S. /S /LBody >> /Pg 256 0 R endobj /Lang (EN-US) /K 7 /MediaBox [0 0 612 792] /Parent 11 0 R /Tabs /S /Lang (EN-US) /Pg 235 0 R /Pg 235 0 R Holmes dropped out of Stanford University at 19 to found Theranos in 2003. /K 177 0 R /MediaBox [0 0 612 792] endobj The Indictment Alleges That Investors Were Defrauded. /Pg 244 0 R /CropBox [0 0 612 792] /K 199 0 R endobj /K 29 such statements undermine confidence . 87 0 obj /S /LI endobj /K 194 0 R /P 48 0 R /Lang (EN-US) /S /LBody 396 0 obj 378 0 obj endobj >> /P 285 0 R endobj /Lang (EN-US) 127 0 obj >> 46 0 obj << /P 44 0 R /Contents [493 0 R 494 0 R 495 0 R] /Lang (EN-US) /K 182 0 R /K 18 null 47 0 R null null 129 0 R null null null 130 0 R null The company's stated mission was to "revolutionize medical laboratory testing," according to the Department of Justice. $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. endobj << endobj Theranos Mission Statement. << /MediaBox [0 0 612 792] /P 315 0 R endobj /P 51 0 R /K [28 394 0 R] >> /P 8 0 R /MediaBox [0 0 612 792] endobj The tests performed on Theranos technology, in addition, were likely to contain inaccurate and unreliable results. 180 0 R null null null 181 0 R null null null 182 0 R null >> /Pg 235 0 R endobj >> /Lang (EN-US) >> /Lang (EN-US) >> /P 8 0 R /Type /MCR /P 59 0 R Theranos' Bad Blood - Ethics Unwrapped 131 0 obj endobj endobj << /Annots [] Holmes said she was inspired to start the company in response to her fear of needles. /K 6 << /Lang (EN-US) << /Pg 256 0 R null null 220 0 R null null null 221 0 R null null] >> /P 330 0 R /Annotation /Span 315 0 obj /Lang (EN-US) /P 380 0 R /Lang (EN-US) 224 0 obj /S /LBody /S /LBody endobj << >> >> << /S /LBody 292 0 obj >> Theranos took shortcuts as blood-testing technology failed, prosecutors 98 0 obj /Pg 238 0 R /K 26 288 0 obj endobj /K 163 0 R /Pg 235 0 R 176 0 obj /MediaBox [0 0 612 792] /K [15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 24 0 R /P 51 0 R << /Pg 235 0 R /ParentTreeNextKey 24 176 0 R null null null 177 0 R null null null 178 0 R null endobj /K 217 0 R /K 38 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.