Theranos

Theranos is a bankrupt American technology corporation in the field of medical services. It was founded in 2003 by a 19-year-old Elizabeth Holmes. It is considered a big scam. For a long time, the founders advertised their startup as a breakthrough technology company. They claimed to have developed blood tests that needed only small amounts of blood. The tests could be passed very quickly with the help of compact automated devices developed by the company. Later the statements turned out to be untrue. In 2018, the company was declared bankrupt. Founder Elizabeth Holmes is under investigation. She was fined and banned from running any company for 10 years.

Theranos

Formerly	Real-Time Cures
Former type	Privately held corporation
Industry	Health care
Fate	Shut down and liquidated; founder indicted for wire fraud and conspiracy
Founded	2003
Founder	Elizabeth Holmes
Defunct	September 4, 2018
Headquarters	Palo Alto, California , United States
Key people	Elizabeth Holmes (Chairwoman & CEO) Ramesh Balwani (President and COO) George Shultz (Board Member)
Products	Blood tests
Services	Medical tests
Website	theranos.com at the Wayback Machine (archived August 28, 2018)
Footnotes / references

Theranos Media

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  John Ioannidis, Professor of Medicine, of Health Research and Policy, and of Statistics at Stanford University

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  A Conversation with John Carreyrou 9/12/19. In 2003, Carreyrou shared the Pulitzer Prize for Explanatory Reporting with a team of Wall Street Journal reporters for a series of stories that exposed corporate scandals in America. John Carreyrou (/ˌkæriˈruː/)[1] is a French-American journalist and writer.

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  Elizabeth Holmes, the chief executive officer and founder of Theranos (2013)