Holmes birth
Elizabeth Holmes was born on February 3, 1984, in Washington, D.C.
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History of Elizabeth Holmes
Friday Mar 2, 1984 to Present
Washington, D.C., U.S.
Elizabeth Anne Holmes is an American former biotechnology entrepreneur convicted of criminal fraud. In 2003, Holmes founded and was the chief executive officer of Theranos, a now-defunct health technology company that soared in valuation after the company claimed to have revolutionized blood testing by developing methods that could use surprisingly small volumes of blood, such as from a fingerprick. By 2015, Forbes had named Holmes the youngest and wealthiest self-made female billionaire in America on the basis of a $9-billion valuation of her company.
Holmes attended Stanford University
In 2002, Holmes attended Stanford, where she studied chemical engineering and worked as a student researcher and laboratory assistant in the School of Engineering.
Holmes founded "Real-Time Cures"
In 2003, Holmes founded the company Real-Time Cures in Palo Alto, California, to "democratize healthcare".
Holmes changed the name of the company to Theranos
In 2003, Holmes renamed the company Theranos (a portmanteau of "therapy" and "diagnosis"). Robertson became the company's first board member and introduced Holmes to venture capitalists.
Holmes discovered a wearable patch to monitor patients' blood
During her research, Elizabeth came up with a wearable drug-delivery patch that could help in early detection and prevention. The device incorporated microfluidics and nanotechnology into a patch that could sample the blood, detect an infection and deliver antibiotics to the infected area.
Balwani joined Theranos in 2009
In 2009, Sunny Balwani joined the company as Chief Operating Officer and President whose expertise was software and IT.
Holmes and Balwani companies signed a partnership
In 2010, Elizabeth and Balwani pitched an early version of Edison to Walgreens and by 2013 the two companies signed a contract. Thus, the first Theranos Wellness Center was set up in Walgreens, Palo Alto, where it could reach the consumers directly.
Holmes ranked the world's youngest self-made woman in 2014
Forbes named Holmes the world's youngest self-made woman billionaire -worth $4.5 billion- in 2014, when she was 30 years old.
Holmes partnered with Carlos in 2015
Holmes partnered with Carlos Slim in June 2015 to improve blood testing in Mexico.
Theranos directed some irregularitie
In January 2016, the Centers for Medicare and Medicaid Services (CMS) sent a warning letter to Theranos after an inspection of its Newark, California laboratory uncovered irregularities with staff proficiency, procedures, and equipment.
U.S. Attorney's Office investigated Holmes
On June 15, 2018, following an investigation by the U.S. Attorney's Office for the Northern District of California in San Francisco that lasted more than two years, a federal grand jury indicted Holmes and former Theranos chief operating officer and president, Ramesh "Sunny" Balwani, on nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Both pleaded not guilty. Prosecutors allege that Holmes and Balwani engaged in two criminal schemes, one to defraud investors, the other to defraud doctors and patients.
Holmes proclaimed that she was raped.
On November 29, 2021, Holmes testified that she had been raped while she was a student at Stanford and that she sought solace from Balwani in the aftermath of the incident.
Holmes was convicted guilty on four counts
On January 3, 2022, Holmes was found guilty of four out of 11 charges of fraud; she was acquitted on four charges; the jury failed to reach a verdict on 3 counts.
The Dropout
The Dropout is an American drama streaming television miniseries created by Elizabeth Meriwether, based on the podcast The Dropout hosted by Rebecca Jarvis and produced by ABC News. It documents the disgraced biotechnology company Theranos and its founder Elizabeth Holmes (played by Amanda Seyfried). The series premiered on the streaming service Hulu on March 3, 2022. It received mostly positive reviews with critics praising the writing and the performances of the cast, particularly Seyfried's and Andrews'. The series received 6 Primetime Emmy Award nominations, including Outstanding Limited or Anthology Series.