Theranos

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 $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. 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' technology.

Data Source : Wikipedia

• Entity:  Company

• Formerly called:  Real-Time Cures (2003)
• Type:  Private
• Industry:  Health Care
• Fate:  Dissolved And Liquidated, Founder Convicted (January 2022) Of Wire Fraud And Conspiracy And Sentenced To 11 1 ⁄ 4 Years (135 Months) In Prison
• Founded:  2003
• Founder:  Elizabeth Holmes
• Key people:  Elizabeth Holmes (Chairwoman And Ceo), Sunny Balwani (President And Coo), Ian Gibbons (Cso), Channing Robertson (Technical Advisor)
• Products:  Blood Tests
• Services:  Medical Tests
• Wikidata description:  Defunct American Privately Held Health-Technology Company
• Wikidata label:  Theranos
• Wikidata aliases:  Theranos, Real-Time Cures, Theranos Inc.

• Related Topics:  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, Commercial Crimes, Corruption In The United States, 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