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Theranos soon claimed to have developed several proprietary methods. The company was named Theranos, an amalgamation of the words “therapy” and “diagnosis.” One early investor was venture capitalist Tim Draper, the father of a childhood friend and founder of Draper Fisher Jurvetson. Holmes left Stanford in 2004, at age 19, and using her college tuition money as seeding, founded a company called “Real-Time Cures.” Over the next several years, Holmes shifted her focus to creating a new form of blood testing, claiming it was based on her own terror of needles.
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patent in 2003, was for a drug delivery system that would administer drugs, test their effectiveness and then adjust the drug’s dosage as needed - all in one small patch. Her initial plan, for which she received a U.S. Like this article? Sign up to our newsletter to get more articles like this delivered straight to your inbox.Holmes’ inspiration for her company came during a summer internship at the Genome Institute of Singapore, in 2002, where she worked on research and testing for Severe Acute Respiratory Syndrome, or SARS.
#Elizabeth holmes today 2019 tv
We're honestly so obsessed with anything fraud-related that we'll 100% be watching any and all TV shows or films based on the scam accusations.Ĭosmopolitan UK's current issue is out now and you can SUBSCRIBE HERE. HBO also released a documentary in 2019 called The Inventor: Out For Blood In Silicon Valley (and we're sure you can guess the focus of that one from the name.).
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The Dropout is also far from the only project in the works focussing on the story of Holmes and Theranos, as it's reported by Vanity Fair that Jennifer Lawrence is also gearing up to star in a film, Bad Blood, on the former Silicon Valley hot-shot. Initially, the titular role of Elizabeth Holmes in The Dropout was set to be played by Saturday Night Live's Kate McKinnon, who had to step away from the project due to scheduling conflicts. The name 'The Dropout' is inspired by Holmes' decision to drop out of Stanford University, something that during the peak of her success was referenced in many an interview and profile piece about her.
#Elizabeth holmes today 2019 series
The drama series starring Seyfried (set to air on Hulu) will be called The Dropout, after a hit podcast of the same name that also discusses Holmes' rise to the top and subsequent fall, and is believed to be kicking off shooting this summer.
#Elizabeth holmes today 2019 trial
However, due to the COVID-19 pandemic and Holmes' pregnancy (she is due to give birth in July) the trial has been delayed until 31 August 2021. In June 2018, a federal grand jury indicted Holmes and Theranos' former chief operating officer, Ramesh Balwani, on nine counts of wire fraud and two counts of conspiracy to commit wire fraud for distributing blood tests with falsified results to consumers. The selling point of Theranos was that it claimed it could carry out blood tests using only a tiny amount of blood and provide results in record time - however, following journalistic and regulatory investigations in 2015, major inconsistencies with the 'incredible new' technology were revealed. Quickly, Holmes' fortunate dropped to an estimated $0 and she was accused of fraud, and misleading investors and the government. Oscar-nominated actress and Mean Girls legend, Amanda Seyfried, has landed an incredibly juicy new role playing Elizabeth Holmes – who, for the unfamiliar, was the founder of the doomed blood-testing start-up, Theranos.Īt one time, the company was valued at an incredible $9 billion and Holmes was declared the "youngest self-made female billionaire", but it was later discovered that Theranos was based on faulty technology, putting the lives of thousands in danger.