CGI Annual Meeting 9/29/15 5:57:47 PM Closing Plenary Session The Future of Equality and Opportunity Adam Schultz {number}

Theranos on topic

Theranos

Theranos Inc. 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 $10 billion valuation at its peak in 2013 and 2014. The company claimed that it had devised blood tests that required very small amounts of blood and that could be performed rapidly and accurately, all using compact automated devices that the company had developed. These claims were proven to be false. A turning point came in 2015, when medical research professor John Ioannidis, and later professor of clinical biochemistry Eleftherios Diamandis, along with investigative journalist John Carreyrou of The Wall Street Journal, questioned the validity of Theranos's technology.

Ian Gibbons , Theranos's chief scientist who died by suicide in 2013.
Richard Fuisz , defendant in a patent related lawsuit filed by Theranos and its CEO.
Defunct health care companies of the United States
Corruption in the United States
Commercial crimes
Fraud in the United States
Confidence tricks
Companies based in Palo Alto, California
Defunct companies based in the San Francisco Bay Area
Technology companies based in the San Francisco Bay Area

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