theranos mission statement
87 0 obj /K 1 << >> >> The Theranos HSV-1 IgG Assay is for use with the Theranos System which performs automated sample processing steps and result analysis. 105 0 obj /S /LBody /S /LBody endobj But in February, the pair had a number of charges dropped, excluding wire fraud. >> 358 0 obj /Pg 242 0 R /P 290 0 R 111 0 obj /P 171 0 R /P 263 0 R >> endobj /K 2 /CropBox [0 0 612 792] The defendants are charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. endobj /K 18 Investors have poured more than $400 million into Theranos, valuing it at $9 billion and her majority stake at more than half that. /K 206 0 R /Pg 258 0 R /Pg 250 0 R null null 152 0 R null null] Theranos is a private health care and life sciences company with the stated mission to revolutionize medical laboratory testing through allegedly innovative methods for drawing blood, testing blood, and interpreting the resulting patient data. /K [32 382 0 R] /S /P /S /LI /Pg 255 0 R 372 0 obj << /P 318 0 R >> /Lang (EN-US) >> endobj /S /LBody << /Parent 11 0 R /Lang (EN-US) endobj Did you ever provide financial projections to investors? Robert Leach, an assistant US attorney,asked Yam. /K 18 /Parent 11 0 R 2 0 obj 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 8 0 R /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] /S /LI /Pg 235 0 R The extraordinary entrepreneur on Fortune's June cover explains her mission and opportunity aheadWant to see more Fortune Video? The Securities and Exchange Commission today charged Silicon Valley-based private company Theranos Inc., its founder and CEO Elizabeth Holmes, and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about the company's technology, business, and financial . >> /K 14 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 . << /P 272 0 R Ms Holmes faces 12 fraud charges over her . /Pg 238 0 R >> 170 0 obj /Parent 5 0 R endobj endobj /Pg 235 0 R /StructParents 16 /Pg 237 0 R . 49 0 obj 289 0 obj /S /P Assistant U.S. /S /LI endobj /K 178 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, . << Holmes faces up to 20 years in prison. /P 360 0 R /Author () 291 0 obj >> /S /LI >> As years went by, whenever employees or experts raised warnings . endobj endobj /P 280 0 R /K 22 endobj Brian Grossman had 20 years of experience in the healthcare space but his firm, PFM Health Sciences, invested $96 . endobj /Lang (EN-US) /S /LBody << 191 0 obj /Lang (EN-US) In fact, Yam relied heavily on Holmes for financial projections. << endobj /Rotate 0 >> 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
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