Zippia gives an in-depth look into the details of Theranos, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Theranos. endobj endobj << /P 63 0 R /S /LI /P 51 0 R >> /K 210 0 R /S /LBody endobj 174 0 obj >> endobj 123 0 obj >> The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. >> /CropBox [0 0 612 792] 1349, and nine counts of wire fraud, in violation of 18 U.S.C. >> /P 375 0 R << Elizabeth Holmes speaks on stage at the Glamour Women of the Year Awards where she receives an award, in New York, NY on Nov. 9, 2015. /K 155 0 R << /S /LBody endobj /P 48 0 R /Lang (EN-US) >> /K 135 0 R 95 0 obj >> /Pg 258 0 R /K 12 >> /Pg 251 0 R /S /LI 254 0 obj Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives.". endobj endobj >> Through these advertisements, the defendants explicitly represented to individuals that Theranoss blood tests were cheaper than blood tests from conventional laboratories to induce individuals to purchase Theranoss blood tests. 173 0 obj $12,600 to the Democratic Party. /Pg 235 0 R /Resources 416 0 R Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003. << endobj endobj endobj 273 0 obj /Lang (EN-US) << /Annots [] >> /Pg 241 0 R /P 381 0 R /S /LBody Theranosonce valued at approximately $10 billionis no more. /Type /Page /P 328 0 R endobj /K 22 /Pg 258 0 R /Pg 248 0 R 301 0 obj << /K 15 /P 8 0 R /Lang (EN-US) Holmes fostered a culture of fear because it served her needs. Theranos competitors include TED, Bloomberg, HuffPost, National Journal, Washington Plaza Hot, Morgan Stanley, Newsweek. endobj /Pg 242 0 R /S /LBody /S /LI /S /LBody /ModDate (D:20180314090210-07'00') << >> /S /P /S /LI /P 372 0 R endobj 244 0 obj 139 0 obj << /S /LI << 176 0 obj >> /K 13 /Lang (EN-US) >> /Lang (EN-US) /MediaBox [0 0 612 792] /K 1 /Pg 253 0 R /K 229 0 R /K 226 0 R /K 14 endobj John Carreyrou writes the story of a gifted 19-year-old who founded a health . /K 189 0 R /CropBox [0 0 612 792] endobj /P 51 0 R endobj /Pg 252 0 R >> /Rotate 0 /Rotate 0 18 0 obj >> /P 8 0 R /S /LI 168 0 obj endobj 107 0 obj << 118 0 obj /Lang (EN-US) endobj /Lang (EN-US) /P 48 0 R /Kids [240 0 R 241 0 R 242 0 R 243 0 R 244 0 R] >> endobj /Tabs /S endobj endobj /Pg 256 0 R >> /Lang (EN-US) endobj /P 8 0 R 363 0 obj /Pg 235 0 R 3. 197 0 obj >> 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. 214 0 obj /S /P The first week of Theranos founder Elizabeth Holmes' fraud trial is now complete. /P 347 0 R CNMN Collection >> /K 158 0 R << << 373 0 obj /S /P Powered and implemented byFactSet Digital Solutions. << /Lang (EN-US) 215 0 obj >> 71 0 obj 177 0 obj /K 8 >> /P 8 0 R Theranos representeda potential disruptor to costly and quasi-monopolistic healthcare players that would help people get the right cure at the right time. /P 50 0 R >> /K 18 endobj /P 261 0 R >> 6 0 obj >> 283 0 obj 268 0 obj endobj /MediaBox [0 0 612 792] << << /P 51 0 R /StructParents 19 /P 274 0 R /Pg 256 0 R << /StructTreeRoot 3 0 R /P 54 0 R /Tabs /S << Walgreens ended its blood-testing partnership with the company, and the Department of Health and Human Services effectively banned Theranos in 2016 from doing any blood testing work at all. /S /LI 379 0 obj After all, one of Theranos top achievements was the very idea Holmes herself had developed an idea she never put through the rigor of scientific testing before defining its contours. The University recognizes the importance of its location in New York City and . /P 8 0 R /MCID 2 That innovation combined with the use of technology to build a somewhat bulkier though still miniature and portable yet more reliable version of the micro-Lab would have provided plenty of opportunity to make strides towards the dream of empowering people with reliable, timely and inexpensive blood testing. /Lang (EN-US) >> endobj 201 0 obj endobj /Lang (EN-US) endobj /Type /Page 2 [null null 119 0 R null null null 120 0 R null null 41 0 R << endobj /Contents [429 0 R 430 0 R 431 0 R] /P 260 0 R /S /LBody /S /LBody 226 0 obj /P 40 0 R /S /P /P 370 0 R >> >> The Theranos founder intentionally deceived investors, a US . /Lang (EN-US) null 47 0 R null null 129 0 R null null null 130 0 R null /Contents [465 0 R 466 0 R 467 0 R] << endobj 154 0 obj << >> /K 234 0 R 231 0 obj endobj /P 294 0 R >> endobj /K 6 << endobj << << /K 161 0 R And while some have observed that her behavior showed various sociopathic tendencies, the relaxed aura that cheating in the service of a larger cause may afford the average person may amp up ethical risk far more than the risk posed by sociopathic individuals. /K 30 endobj >> /K 28 Theranos stood as the next big breakthrough innovator in the healthcare industry offering an affirming achievement of the value of human ingenuity. endobj /Parent 14 0 R 82 0 obj >> In the age of corporate purpose, the mission statement serves as a reminder of why an organization exists. /S /P /K 2 /K 196 0 R /K 26 The average salaries at Bloomberg rank the highest, with their employees earning an. /P 293 0 R >> /S /P << /Pg 256 0 R /P 300 0 R 7 [null null 147 0 R null null null 148 0 R null null null /K 149 0 R /Lang (EN-US) >> Early on, experts inside and outside of the company questioned the technology. << >> Here's Robert Leach, assistant U.S. attorney, who is prosecuting the case against Holmes: "This is a case about fraud, about lying and cheating to get money," Leach says. << << /P 50 0 R 162 0 obj /S /LI /Pg 242 0 R /Pg 249 0 R /K 19 We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. /Tabs /S /CropBox [0 0 612 792] Since this form of unethical behavior may lack the pangs of guilt and/or shame that generally provide people with a certain amount of self-restraint and hesitation, it can be difficult for others to suspect any bad conduct. << endobj /K 201 0 R Employees in the top 10 percent can make over $68,000 per year, while employees at the bottom 10 percent earn less than $28,000 per year. /P 284 0 R Getty Images. /Lang (EN-US) >> /Pg 238 0 R 69 0 obj 358 0 obj /Lang (EN-US)
>> Next to a perfectly dosed narrative of black turtlenecks, sprawling office facilities, glossy paper spreads and alluring marketing campaigns, the supposed Apple look-alike of the health technology industry tantalized investors and consumers with its mission, to facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives. Its no surprise that many bought into it. << endobj endobj In court documents, federal prosecutors have said Holmes is a flight risk. endobj /K [273 0 R 274 0 R] /Parent 12 0 R /MCID 2 Mission Statement. >> /S /P /P 8 0 R 167 0 obj 310 0 obj /Pg 251 0 R Avoid simply listing what your company does and shift your focus to the bigger picture: what guides your company strategy and inspires your workforce. 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. 181 0 obj /Pg 258 0 R /Pg 247 0 R Palo Alto, United States August 18, 2016: Elizabeth Holmes accepts The Entrepreneur award at, the 25th Annual Glamour Women of the Year Awards on Nov. 9, 2015, in New York. >> /P 272 0 R 105 0 obj Connor Radnovich/The Chronicle. /Lang (EN-US) << endobj /Type /Page /Pg 248 0 R << /Contents [477 0 R 478 0 R 479 0 R] >> >> /MCID 2 << endobj /Lang (EN-US) >> 5 0 obj The data presented on this page does not represent the view of Theranos and its employees or that of Zippia. ", EX-THERANOS CEO ELIZABETH HOLMES PROVIDING OWN DEFENSE IN CIVIL SUIT: REPORT. 33 0 obj /Pg 235 0 R << /Pg 247 0 R /S /P >> endobj /S /LBody endobj 269 0 obj endobj 346 0 obj /Lang (EN-US) /Pg 235 0 R /Type /Page /Lang (EN-US) << << >> Once a strong believer in Theranos' mission, Mattis testified that he eventually realized the Holmes had misled him with empty promises. /Type /Page 220 0 obj /Annots [] Learn about working at Theranos from employee reviews and detailed data on culture, salaries, demographics, management, financial, and more. << << /P 8 0 R Several months later, with encouragement from her professor, Channing Robertson, Holmes quit Stanford. endobj /Lang (EN-US) /P 295 0 R /P 63 0 R /P 292 0 R << 361 0 obj << Further, the indictment alleges that based on the defendants misrepresentations and omissions, many hundreds of patients paid, or caused their medical insurance companies to pay, Theranos, or Walgreens acting on behalf of Theranos, for blood tests and test results, sometimes following referrals from their defrauded doctors. /P 317 0 R The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. endobj >> /S /LBody 128 0 obj /Pg 255 0 R /Rotate 0 As company founder Elizabeth Holmes is sentenced to over eleven years in prison and TV adaptation The Dropout earns star Amanda Seyfried an Emmy, we reveal everything you need to know about the Theranos controversy. /P 48 0 R >> /Lang (EN-US) Theranos' mission is to make actionable health information accessible to people everywhere in the world at the time it matters, enabling early detection and intervention of disease. /Lang (EN-US) >> >> endobj /P 8 0 R /Kids [11 0 R 12 0 R 13 0 R 14 0 R] /Pg 248 0 R endobj endobj /Pg 255 0 R /Length 501 0 R /Pg 243 0 R >> 126 0 obj /S /LI GET FOX BUSINESS ON THE GO BY CLICKING HERE. >> Brian Grossman had 20 years of experience in the healthcare space but his firm, PFM Health Sciences, invested $96 . /P 8 0 R /Resources 444 0 R /P 50 0 R endobj /Footnote /Note /P 50 0 R /S /LI >> 3553. The mission statement conveys no values such as honesty, transparency, or integrity. The startup entrepreneurial spirit is selling a vision of a fictional product - a product that does not yet exist. >> >> << endstream endobj endobj << /Lang (EN-US) /P 48 0 R /P 51 0 R /Pg 235 0 R /K 230 0 R /P 8 0 R /K 220 0 R /S /LBody /S /LI /S /LBody /Lang (EN-US) /P 8 0 R /Lang (EN-US) /Contents [473 0 R 474 0 R 475 0 R] /S /LI /K 129 0 R 335 0 obj << /K 22 << >> /P 50 0 R endobj /Type /MCR /S /LBody >> /K 166 0 R >> /P 8 0 R /P 50 0 R /S /P >> /Lang (EN-US) Leaving Little Space for Inspiration. >> /S /LI As years went by, whenever employees or experts raised warnings . /S /LI endobj 169 0 obj /P 357 0 R << /S /LI /S /LBody /Lang (EN-US) /S /P << The request for Holmes toremain free pending an appeal, filed Feb. 23 with the U.S. District Court for the Northern District of California, did not say when Holmes had her second baby. /K [111 0 R 112 0 R 113 0 R 114 0 R] >> 312 0 obj null 52 0 R 53 0 R] /Lang (EN-US) << >> endobj /K 14 null] 279 0 obj endobj /Lang (EN-US) << << endobj The defendants claimed the analyzer was able to perform a full range of clinical tests using small blood samples drawn from a finger stick. /S /P Todays indictment alleges that through their company, Theranos, CEO Elizabeth Holmes and COO Sunny Balwani not only defrauded investors, but also consumers who trusted and relied upon their allegedly-revolutionary blood-testing technology., This indictment alleges a corporate conspiracy to defraud financial investors, said Special Agent in Charge Bennett. endobj /K 163 0 R /K 26 25 0 obj /S /LI >> >> /Contents [453 0 R 454 0 R 455 0 R] /Tabs /S /Pg 251 0 R /S /LI The conduct alleged in these charges erodes public trust in the safety and effectiveness of medical products, including diagnostics. Theranos is a now-defunct healthcare technologystartup founded by disgraced Stanford drop-out Elizabeth Holmes. 2 0 obj Claiming and updating your company profile on Zippia is free and easy. /Lang (EN-US) /Marked true /P 8 0 R /P 33 0 R << endobj >> >> /CropBox [0 0 612 792] /Lang (EN-US) /S /LI /P 380 0 R /S /P /P 48 0 R /Pg 245 0 R << >> /K 117 0 R /K 3 334 0 obj /P 54 0 R /Pg 235 0 R << /Lang (EN-US) /K 49 >> >> 207 0 obj 11 0 obj endobj >> >> >> The Securities and Exchange Commission also brought civil fraud charges against Holmes and Balwani. /K 5 /MediaBox [0 0 612 792] /Lang (EN-US) /ITXT (2.1.7) Holmes, at one point the nations youngest self-made female billionaire, and her former chief operating officer Ramesh Balwani, were indicted by federal prosecutors in June 2018 and charged with two counts conspiracy to commit wire fraud and nine counts of wire fraud each. 255 0 obj The startup was founded in Feb. 2014, was headquartered in Palo Alto, Calif., according to Bloomberg. endobj /S /P /Pg 253 0 R /Type /MCR 110 0 obj >> /S /LI THERANOS FOUNDER ELIZABETH HOLMES TO FACE TRIAL SEPARATE FROM EX-LOVER. /Nums [0 [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 94 0 R << << Further, defendants allegedly represented to investors that Theranos had a profitable and revenue-generating business relationship with the United States Department of Defense and that Theranoss technology had deployed to the battlefield when, in truth, Theranos had limited revenue from military contracts and its technology was not deployed in the battlefield. 67 0 obj /S /LBody << 4 0 obj << endobj Instead of sticking with them, Holmes and her team could have put an equal amount of energy and ingenuity into developing a safe user-friendly technique to draw the adequate amount of blood necessary. << << >> 93 0 obj /S /LI /Resources 460 0 R /P 55 0 R /S /LBody 35 0 obj But indictments said Holmes andher colleague and former romantic partner Ramesh Sunny Balwani, lied about the technology, the company's finances, and its partnerships with the Department of Defense and Walgreens. /Pg 255 0 R /K 22 endobj /Lang (EN-US) << endobj /Parent 5 0 R << >> << /Annots [] << 117 0 R null null null 118 0 R null null] /K 148 0 R Adobe PDF Library 15.0; modified using iText 2.1.7 by 1T3XT /K 119 0 R /P 55 0 R /P 285 0 R In the end, the innovations Theranos was after were not only meant for its own success but to secure a better future for millions of people. /Lang (EN-US) /Lang (EN-US) Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. /P 54 0 R 80 0 R 81 0 R 82 0 R] -Theranos is now worth $9 billion dollars; Holmes currently owns about half the company-Forbes named her one of the youngest female self-made billionaire before the age of 30. . /Pg 235 0 R /S /LI /P 8 0 R 36 0 obj >> In 2013, things had "started to get a bit tight," Yam said. << /K 151 0 R With Holmes will head to trial starting Aug. 4, and Balwani will be tried afterthe conclusion of Holmes case, Bloomberg reported. /Resources 464 0 R /Contents [421 0 R 422 0 R 423 0 R] She pitched its technology as a cheaper way to run dozens of blood tests with just a prick of a finger and a few droplets of blood. endobj /S /LI /Lang (EN-US) endobj /K 14 /StructParents 23 << >> Those emails eventually made their way to Holmes, who asked, How fast can we resolve this issue? Another employee replied that, after omitting some data, the problem appeared solved. >> /Length 10 0 R /P 373 0 R The company spent over $150,000 surveilling her and another whistleblower. << stream
endobj 144 0 obj endobj >> << << 50 0 obj /P 291 0 R /Lang (EN-US) /Lang (EN-US) << /S /LI /Lang (EN-US) /Pg 238 0 R /P 354 0 R /Lang (EN-US) /MediaBox [0 0 612 792] << /Pg 255 0 R >> /K 8 /P 33 0 R It then allegedly used those articles to generate financial interest. /S /LI /Pg 245 0 R >> /P 8 0 R 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. 76 0 obj /K 24 /K 143 0 R "Sunny Balwani did not start Theranos," said the lawyer . Its unclear whether Theranos rise and fall will turn out to be a dazzling mirage of would-be business greatness, one of the most infamous stories of corporate fraud in the 21st century, or, an ironic reminder of the inescapable weakness of biased decision-making. /K [95 0 R 96 0 R 97 0 R 98 0 R 99 0 R 100 0 R 101 0 R 102 0 R 103 0 R 104 0 R] >> /K 137 0 R endobj /Pg 244 0 R /P 59 0 R /Lang (EN-US) /S /P endobj /Pg 258 0 R >> << /Lang (DE-DE) endobj 317 0 obj /S /LI >> endobj /P 296 0 R >> << /Lang (EN-US) endobj /K 140 0 R 56 0 obj null 114 0 R null] /CropBox [0 0 612 792] /S /LI >> /Lang (EN-US) << null null 121 0 R null null null 122 0 R null null null /Lang (EN-US) It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. endobj /S /P << 43 0 obj << 124 0 obj /S /LI /Contents [469 0 R 470 0 R 471 0 R] << /K 123 0 R 31 0 obj /K 9 In addition, the defendants delivered to doctors and patients blood results that were inaccurate, unreliable, and improperly validated. /Pg 235 0 R /P 8 0 R /P 50 0 R /S /P >> 198 0 obj /S /LI Theranos founder and CEO Elizabeth Holmes speaks at the Fortune Global Forum in San Francisco, California, on Monday, Nov. 2, 2015. /K 191 0 R >> /Parent 14 0 R 313 0 obj /K 27 /K 12 << /Lang (EN-US) /P 8 0 R A former Theranos employee who alerted regulators to fraud at the company said he popped a bottle of champagne after a jury returned guilty verdicts against founder Elizabeth Holmes on Jan. 3. /P 8 0 R /S /LBody /P 8 0 R Anyone who engages in deceptive practices should know they will not go undetected and will be held accountable. 292 0 obj 391 0 obj << /S /LBody endobj endobj It's unclear . /Resources 408 0 R 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 . 49 0 obj << Holmes dropped out of Stanford University at 19 to found Theranos in 2003. /Lang (EN-US) endobj 74 0 obj Read company statement regarding investor . << << /K 29 /Lang (EN-US) /K 12 >> Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her 11-year prison sentence because she has "two very young children" to be with. 114 0 obj >> /K 21 Mission statements, where crafted and utilized effectively, have been proven to drive billions of dollars in corporate value. Most of the tests that Theranos was performing for clients were done on devices made by other companies, Cheung testified. /Resources 424 0 R << /Tabs /S endobj >> /S /LBody /K 127 0 R 182 0 obj /Pg 251 0 R >> << >> Elizabeth Holmes, the infamous biotech chief executive who promised to revolutionize blood testing, has been found guilty of fraud. endobj /S /LBody The Company's clinical laboratory offers comprehensive laboratory tests. /Lang (EN-US) According to the indictment, the defendants also allegedly made numerous misrepresentations to potential investors about Theranoss financial condition and its future prospects. /K 261 0 R /Tabs /S /P 273 0 R endobj 320 0 obj /Lang (EN-US) >> /S /LBody /K 17 /S /LI >> << >> >> According to the indictment, Holmes and Balwani used advertisements and solicitations to encourage and induce doctors and patients to use Theranoss blood testing laboratory services, even though the defendants knew Theranos was not capable of consistently producing accurate and reliable results for certain blood tests. endobj Elizabeth Holmes donated /K 0 /Resources 428 0 R The vision was to revolutionize blood testing and place these miniature labs in homes across the world. 261 0 obj null null 127 0 R null null 45 0 R null null 128 0 R null /MCID 2 >> /S /LBody >> /P 263 0 R /Pg 241 0 R /S /P 203 0 obj /Producer (Adobe PDF Library 15.0; modified using iText 2.1.7 by 1T3XT) /K 141 0 R << << For the small private firm, the publically traded company or the large enterprise vision, effort and determination needs to be firmly tied to the track - compliance. endobj >> << /K 188 0 R /K 176 0 R endobj /Lang (EN-US) Initially she funded Real-Time Cures with her co. /K 156 0 R 351 0 obj /S /LI 389 0 obj << /S /P /P 8 0 R endobj /Lang (EN-US) Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. << >> /K 2 endobj She already settled with the Securities and Exchange Commission (SEC) for a $500,000 penalty and 10-year ban on serving as an officer or director of a public company. >> /MCID 2 /K [374 0 R 375 0 R 376 0 R 377 0 R 378 0 R 379 0 R] /Pg 235 0 R << /Type /Page /S /LBody 40 0 obj endobj << /K 5 /MediaBox [0 0 612 792] null null 197 0 R null null null 198 0 R null null null /P 376 0 R /Type /Pages /Annots [] << /Lang (EN-US) /K 214 0 R >> /K 182 0 R /K 26 endobj /CropBox [0 0 612 792] endobj 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, . endobj /K 10 >> >> There is no try', stolen from . endobj /S /LBody /S /LI 70 0 obj << 95 0 R 96 0 R 97 0 R 98 0 R 99 0 R 100 0 R 101 0 R 102 0 R 103 0 R 104 0 R 94 0 obj 396 0 obj 365 0 obj endobj /Pg 235 0 R >> In reality, Theranos couldn't perform more than 12 tests on its Edison devices, former lab . Instead, Theranos continued to produce mounting losses. endobj /P 349 0 R >> /Pg 257 0 R We just didn't know what new form it would take. /Pg 245 0 R /S /LI /Lang (EN-US) >> /Parent 5 0 R /Pg 247 0 R 241 0 obj << /Pg 235 0 R 368 0 obj /Lang (DE-DE) << /Lang (EN-US) Balwani . 329 0 obj Theranos Inc. founder Elizabeth Holmes was criminally charged in June 2018 with defrauding investors following the collapse of her blood-testing startup. /P 8 0 R 201 0 R null null null 202 0 R null null null 203 0 R null . /S /LBody 2018-03-14T08:41:27-07:00 /Contents [481 0 R 482 0 R 483 0 R] >> null] << >> << >> >> 1. >> >> endobj /S /P /K 2 388 0 obj In a reply, Holmes said she was projecting $100 million for 2015, nearly ten times less than what she told investors at one point. >> /K 51 /K 9 endobj /K [32 382 0 R] Theranos Mission Statement. /P 8 0 R << Paradoxically, instead of warranting greater scrutiny, the very gap between Theranos projected solution and the requirements of the available blood-testing technology may have prevented a number of decision-makers from focusing on practical questions during evaluation of the companys potential and its various promises. /S /LI . /Pg 237 0 R /Lang (EN-US) endobj 116 0 obj /Type /MCR /S /P /K 122 0 R /MediaBox [0 0 612 792] /S /LI 158 0 obj x+ |
<< /Pg 247 0 R << endobj endobj >> endobj Theranos was a private health care company, with a mission to revolutionize lab testing through innovative methods for drawing blood, testing blood, and interpreting resulting patient data. 375 0 obj 371 0 obj << 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R /S /LI /Lang (EN-US) /P 48 0 R /P 51 0 R /S /LBody /P 8 0 R << 161 0 obj /P 54 0 R >> /S /LI null 233 0 R null null null 234 0 R null null 64 0 R 65 0 R /Tabs /S 145 0 R null null null 146 0 R null null null 147 0 R null /K 4 Here are three culture takeaways from the Theranos scandal that are relevant to all leaders and employees. /RoleMap 7 0 R /Lang (EN-US) /Pg 235 0 R >> /S /L /Lang (EN-US) << 350 0 obj << 349 0 obj /CropBox [0 0 612 792] 184 0 obj /P 51 0 R /P 276 0 R /P 48 0 R << 354 0 obj Four Blind Spots at the Core of Theranos' Failure. >> /Lang (EN-US) /S /LI /S /P Elizabeth Holmes blue eyes and baritone voice, her, albeit incomplete, Stanford credentials and well-crafted life narrative were the perfect exterior to a dream-come-true vision of a better future for millions of people. /Pg 243 0 R endobj 57 0 R 58 0 R null null 223 0 R null null null 224 0 R null /K 202 0 R /P 381 0 R 147 0 obj /Pg 244 0 R /K 4 /S /L endobj 291 0 obj << >> >> /K 15 /Strikeout /Span 3553. /Resources 452 0 R endobj /P 46 0 R << And at least one employee told the financial newspaper Theranos executivesdid not report test results that would have caused concerns about the machines accuracy. The collaborative investigative work on this case conducted by Postal Inspectors, our law enforcement partners, and the United States Attorneys Office illustrates our efforts to protect both consumers and investors., The Indictment Alleges That Doctors And Patients Were Defrauded. endobj The . /Lang (EN-US) Theranos' mission is to make actionable information accessible to everyone at the time it matters most.
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