Elizabeth Holmes started the medical testing company Tharanos and promised innovative technology that would use a simple blood test to diagnose an unprecedented number of diseases. However, Holmes ended up facing criminal charges for fraud and her company, once worth $9 billion, no longer exists—why?

• Her blood tests actually injected patients with several dangerous infections
• Her blood tests diagnosed all patients with cancer, even if they were 100% healthy
• She sold her technology to investors as if it existed, but it did not
• Her technology was found to be faulty once it was put into use

1 answer

• Her technology was found to be faulty once it was put into use