[49] After the 2015 inspection, Theranos announced that it would voluntarily suspend its tests apart from the FDA-approved herpes simplex virus (HSV-1) test. Until recently, no one could get enough of Theranos and the company's founder, Elizabeth Holmes - the exceptionally young, self-made billionaire whose fortune has been made on a single sought after medical technology: an easier, faster and less invasive way to carry out blood tests. The first Friday in March is Employee Appreciation Day how are you going to celebrate your staff today? [149] A film version was reportedly scheduled for release in 2020, starring Jennifer Lawrence as Elizabeth Holmes, written by Vanessa Taylor and directed by Adam McKay. The first prototype, called Theranos 1.0, worked on a cartridge-and-reader mechanism which was shown to be heavily dependent on the sciences of microfluidics and biochemistry. Don [Lucas] honestly believed that she was the next Steve Jobs, Tevanian said. [64] Theranos announced plans to appeal the decision by regulators to revoke its license to operate a lab in California and other sanctions. Although we are confident that we would have prevailed at trial, resolution of these two cases allows our tender offer to go forward and enables us to return our focus where it belongs, which is on executing our business plans and delivering value for our shareholders. Exclusive: How Elizabeth Holmes's House of Cards Came - Vanity Fair "I was in awe of this person's drive., He added, For me, this was something that could make a positive dent on humanity.. 3 min read. [65], In August 2016 the company withdrew its request for emergency clearance of a Zika virus blood test after a lack of essential safeguards during the testing process was found by federal inspectors. I could tell then and there, she had this vision and came off like a cult leader, he recalled. While at Stanford University, Elizabeth Holmes had an idea to develop a wearable patch that could adjust the dosage of drug delivery and notify doctors of variables in patients' blood.
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