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Theranos founder Elizabeth Holmes banned from operating labs
The Verge ^ | July 7, 2016 | Elizabeth Lopatto

Posted on 07/08/2016 4:53:19 AM PDT by C19fan

Elizabeth Holmes, the founder of blood-testing company Theranos, has been banned from operating labs in the US for two years, the Silicon Valley company announced in a press release.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: medicine; testing; theranos
I guess Plan B for Miss Holmes, re-enroll at Stanford if they take her. Or Plan C find a rich husband which should not be hard in Silicon Valley. What a fraudster. From worth billions to zero. I wonder how much money she was able to extract before she was exposed?
1 posted on 07/08/2016 4:53:19 AM PDT by C19fan
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To: C19fan

Isn’t his the lady who kept pushing some test or treatment even AFTER she knew it failed but the presss was so excited about a CEO woman that they denied the evidence staring them in the face?


2 posted on 07/08/2016 5:01:16 AM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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To: C19fan

It’s such an amazing story. It should be a damn movie, except the social themes are too distressing to the left. This is the craziest white chick of our time, and it’s interesting. Sociopath?


3 posted on 07/08/2016 5:44:13 AM PDT by babble-on
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To: C19fan

Have all her assets been stripped from her? Nothing criminal in her actions, especially with Sarbane /Oxley? Nothing?


4 posted on 07/08/2016 6:15:04 AM PDT by zek157
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To: C19fan

I think all they did was make tests, not anything to do with treatment.

I didn’t follow closely, but it looked like it was a fantastic technology and saving millions and millions in tests.

I don’t know where she went wrong. I’m going to find that WSJ article that started her crashing — but I’m likely to still have the impression that she wasn’t a ‘PLAYER’ and this is what happens to people who won’t ‘play’ and share their vast wealth with the DNC and the California DNC.


5 posted on 07/08/2016 6:37:01 AM PDT by Fhios (The U.S needs Hillary like a fish needs a bicycle.)
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To: Fhios

It “saved millions and millions” because the tests didn’t work. They had a huge “false positive” rate, and missed many positive results. If you go in for medical testing, you’d like the tests you paid for to be more accurate than a shaman reading entrails.

She knew they were bogus. She promoted them anyway. She is a fraud and should be in prison...


6 posted on 07/08/2016 7:09:24 AM PDT by Charles H. (The_r0nin) (Hwaet! Lar bith maest hord, sothlice!)
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To: Charles H. (The_r0nin)

yea, like I said, that’s the official story. Watch were the companies assets and intellectual property end up and in who’s hand.

Think of Hillary, there is absolutely nothing you can believe that comes from government agencies and the news media.


7 posted on 07/08/2016 8:05:04 AM PDT by Fhios (The U.S needs Hillary like a fish needs a bicycle.)
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To: dp0622

My understanding is she claimed her equipment ran a whole slew of tests but they were actually sending all but a few to outside labs becuase they didn’t have equipment to actually do what they claimed.

She’s got to have contacts, I work med devices and she was so far off the regulatory reservation as to be criminal.

Hillary’s not the only one to be judged differently.


8 posted on 07/08/2016 9:50:33 AM PDT by reed13k
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To: babble-on

#3 It is a movie to be with Jennifer Lawrence. The movie was planned prior to revelations of her being a fraud.


9 posted on 07/08/2016 10:15:39 AM PDT by minnesota_bound
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To: minnesota_bound

Oh, cool! I guess the script will need an edit.


10 posted on 07/08/2016 10:18:30 AM PDT by babble-on
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To: C19fan
Just to put a face with a name....


11 posted on 07/08/2016 10:20:36 AM PDT by newfreep
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