theranos mission statement

183 0 obj endobj Balwani . >> /P 50 0 R /Annots [] The company boasted the ability to get results from very small amounts of blood, something that would be revolutionary in medical diagnostics. >> /P 8 0 R /MediaBox [0 0 612 792] endobj /K 10 139 0 R null null null 140 0 R null null null 141 0 R null endobj 369 0 obj >> We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. /Tabs /S endobj 269 0 obj << As company founder Elizabeth Holmes is sentenced to over eleven years in prison and TV adaptation The Dropout earns star Amanda Seyfried an Emmy, we reveal everything you need to know about the Theranos controversy. /Lang (EN-US) endobj /K [10 392 0 R] Theranos Inc. founder Elizabeth Holmes was criminally charged in June 2018 with defrauding investors following the collapse of her blood-testing startup. /K 261 0 R /P 48 0 R 159 0 R null null null 160 0 R null null null 161 0 R null /K 6 258 0 obj /S /L /S /P >> /K 10 /Lang (EN-US) /P 372 0 R >> >> /S /LI /K 35 << << << /Tabs /S /K 159 0 R >> /Contents [453 0 R 454 0 R 455 0 R] /Lang (EN-US) /P 50 0 R Holmes will head to trial starting Aug. 4, and Balwani will be tried afterthe conclusion of Holmes case, Bloomberg reported. /Pg 242 0 R /Resources 428 0 R << << /P 50 0 R >> 193 0 obj . /P 48 0 R >> /Lang (EN-US) Instead, a vision made boundless by its sharp divide from reality and its extraordinarily narrow goals ended up only perpetuating a state of motivated blindness. /S /LBody /P 380 0 R endobj >> U.S. Attorneys Office /Pg 243 0 R /K 234 0 R endobj endobj /P 8 0 R /Pg 256 0 R /S /LBody /K 16 /Pg 256 0 R << endobj /K 189 0 R /CropBox [0 0 612 792] 337 0 obj /MediaBox [0 0 612 792] >> /K 1 /Count 5 << /S /LBody /S /LI >> /P 8 0 R /StructParents 8 /S /P 188 0 R null null null 189 0 R null null null 190 0 R null /Type /MCR >> << /P 50 0 R /P 8 0 R /P 55 0 R /CropBox [0 0 612 792] 386 0 obj 11 0 obj << The Theranos scandal has dominated headlines, and both fascinated and appalled readers worldwide, since John Carreyrou's shattering report first broke in 2015. /Pg 235 0 R >> << Many of those statements were outright falsehoods or, more charitably, danced around the truth. >> 2 [null null 119 0 R null null null 120 0 R null null 41 0 R /Lang (EN-US) /Lang (EN-US) /Annots [] The site is secure. >> /P 63 0 R /Lang (EN-US) endobj /K 164 0 R << A former Theranos employee who alerted regulators to fraud at the company said he popped a bottle of champagne after a jury returned guilty verdicts against founder Elizabeth Holmes on Jan. 3. /K 14 << /Pg 255 0 R /P 392 0 R >> << Elizabeth Holmes is the founder and former CEO of Theranos (2003-2018), a company that created and distributed blood testing devices. 217 0 obj /Rotate 0 /PageLayout /OneColumn /S /LI None of the information on this page has been provided or approved by Theranos. Recalls, Market Withdrawals and Safety Alerts, Inspections, Compliance, Enforcement, and Criminal Investigations, June 15, 2018: Theranos Founder and Former Chief Operating Officer Charged in Alleged Wire Fraud Schemes. >> /P 376 0 R /S /LBody endobj 79 0 obj /K 131 0 R << /K 393 0 R endobj endobj /K [268 0 R 269 0 R 270 0 R 271 0 R 272 0 R] << /Pg 253 0 R << /S /P >> 52 0 obj << /Pg 238 0 R endobj 226 0 obj << /Parent 14 0 R >> /K 28 /Lang (EN-US) >> /S /LBody /CropBox [0 0 612 792] Initially she funded Real-Time Cures with her co. endobj << endobj /P 333 0 R 1. /Tabs /S /K 225 0 R 253 0 obj >> /S /LI /Lang (EN-US) This conspiracy misled doctors and patients about the reliability of medical tests that endangered health and lives.. << << /Tabs /S Theranos employees are most likely to be members of the Democratic Party. /S /LI 324 0 obj >> . 194 0 obj /P 8 0 R /Pg 240 0 R << << 82 0 obj >> The defendants are charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. endobj /Pg 245 0 R /S /LI << /K [273 0 R 274 0 R] /K 181 0 R 203 0 obj /K 22 >> endobj >> << /S /LI It became evident that audited financial statements hadn't been prepared since 2009. Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. 178 0 obj /K 24 56 0 obj 133 0 R null null null 134 0 R null null null 135 0 R null endobj /P 54 0 R /Pg 254 0 R endobj /Type /Page The .gov means its official.Federal government websites often end in .gov or .mil. << WIRED Media Group Those emails eventually made their way to Holmes, who asked, How fast can we resolve this issue? Another employee replied that, after omitting some data, the problem appeared solved. 28 0 obj 214 0 obj /K 20 /S /P /S /LBody >> The national average salary for a Theranos employee in the United States is $44,094 per year. /Parent 13 0 R endobj /Pg 244 0 R /S /LBody /P 355 0 R << << /Tabs /S << endobj . Acrobat PDFMaker 18 for Word 163 0 obj << endobj . 233 0 obj /K [374 0 R 375 0 R 376 0 R 377 0 R 378 0 R 379 0 R] But Theranos shared very little about its blood-testing machine with the public or medical community. endobj null] The prosecution is the result of an investigation by the FDA Office of Criminal Investigations, the FBI, and the US Postal Inspection Service. 264 0 obj 216 0 obj << /Lang (EN-US) << Photographer: David Paul Morris/Bloomberg *** Local Caption *** Elizabeth Holmes. /P 334 0 R >> 4 [null null 131 0 R null null null 132 0 R null null null Theranos is in the biotechnology industry. /S /LI /Lang (EN-US) << << /P 48 0 R /P 369 0 R /Lang (EN-US) endobj 19 [null null 215 0 R null null null 216 0 R null null null endobj /P 8 0 R /K 118 0 R /Pg 236 0 R /Pg 256 0 R flagrantly vague and often outright untruthful statements. >> /Lang (EN-US) /P 50 0 R /Pg 254 0 R 294 0 obj /Contents [477 0 R 478 0 R 479 0 R] endobj Palantir has . 36 0 obj /Pg 238 0 R /P 367 0 R >> /K [262 0 R 263 0 R 264 0 R 265 0 R 266 0 R 267 0 R] 309 0 obj Anyone who engages in deceptive practices should know they will not go undetected and will be held accountable. endobj << However, any sentence following conviction would be imposed by the court after consideration of the U.S. << << /K 14 >> /Pg 258 0 R /P 352 0 R /S /L /Pg 253 0 R /P 345 0 R Founded in 2003, Theranos is an established company that loves to hire graduates from Pima Medical Institute, with 15.9% of its employees having attended Pima Medical Institute. << /MediaBox [0 0 612 792] >> /Length 10 0 R 64 0 obj /MediaBox [0 0 612 792] They cite a one-way plane ticket to Mexico she booked for Jan. 26, 2022, three weeksafter her conviction onfour counts of fraud and conspiracy. << Theranos was a private health care company, with a mission to revolutionize lab testing through innovative methods for drawing blood, testing blood, and interpreting resulting patient data. /Lang (EN-US) /S /LI /Count 5 Your California Privacy Rights | Do Not Sell My Personal Information /P 8 0 R endobj /P 300 0 R << /Parent 5 0 R /Lang (EN-US) /Parent 5 0 R 32 0 obj /P 348 0 R /Pg 239 0 R /P 287 0 R /K [380 0 R 381 0 R] >> The motion for release said that Holmes is not a flight risk and "is highly motivated to continue complying with her conditions of release sothat she can work with her lawyers while she pursues her appeal.". /StructParents 23 endobj endobj /P 8 0 R /S /P The Securities and Exchange Commission today charged Silicon Valley-based private company Theranos Inc., its founder and CEO Elizabeth Holmes, and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about the company's technology, business, and financial . << 89 0 obj 389 0 obj The Seattle-based coffee giant originated in 1971 and has since become ubiquitous around the world. 312 0 obj Employees in the top 10 percent can make over $68,000 per year, while employees at the bottom 10 percent earn less than $28,000 per year. 339 0 obj /Pg 235 0 R >> endobj /K 134 0 R 241 0 obj /Rotate 0 /P 381 0 R /P 307 0 R /P 8 0 R 232 0 obj >> endobj /S /LI >> >> endobj /P 8 0 R endobj 138 0 obj 282 0 obj endobj /K 22 >> >> /Pg 239 0 R /P 48 0 R << /Lang (EN-US) 354 0 obj /S /LBody 176 0 R null null null 177 0 R null null null 178 0 R null << /S /LBody /Pg 240 0 R >> /Lang (EN-US) >> /P 51 0 R /Pg 252 0 R >> /MediaBox [0 0 612 792] /K 7 /P 381 0 R /Pg 247 0 R /K 175 0 R /P 8 0 R /K 222 0 R endobj /Pg 254 0 R /P 8 0 R /K 177 0 R endobj >> << >> endobj /Lang (EN-US) endobj Help us make this company more transparent. << /Lang (EN-US) 125 0 obj /K 14 endobj >> /Contents [481 0 R 482 0 R 483 0 R] /Lang (EN-US) /K 2 /S /LBody /S /LBody /P 55 0 R << /S /LI /P 299 0 R << endobj 117 0 obj 266 0 obj -Theranos is now worth $9 billion dollars; Holmes currently owns about half the company-Forbes named her one of the youngest female self-made billionaire before the age of 30. . >> 326 0 obj 81 0 obj Terry Masson (Founder and Chief Executive Officer). /Lang (EN-US) /S /LBody /S /LBody /K 22 49 0 obj /P 50 0 R 76 0 obj /Resources 420 0 R emblazoned in block capitals in the Theranos lobby, was 'Do or do not. /Resources 476 0 R /S /LI Elizabeth Holmes (Reuters); Ramesh "Sunny" Balwani (Getty Images). /S /LI >> /P 8 0 R /S /LBody endobj << endobj However, any sentence following conviction would be imposed by the court after consideration of the U.S. << Theranos's mission statement is "Our mission is to make actionable information accessible to everyone at the time it matters". /K 8 0 R /K 6 endobj /S /P << /Rotate 0 /S /P /P 380 0 R >> endobj /S /P /Pg 258 0 R 171 0 R null null] /S /P << /Type /Page 130 0 obj >> /P 8 0 R Theranos founder Elizabeth Holmes "lied and cheated" for money and fame, prosecutors alleged on the first day of the former Silicon Valley star's trial. << << << << /P 380 0 R /S /LI /P 40 0 R /K 10 /Parent 14 0 R 165 0 R null null null 166 0 R null null null null 167 0 R 271 0 obj /Pg 243 0 R /Pg 235 0 R 141 0 obj endobj /S /P /P 330 0 R /Lang (EN-US) << They are also attracted by the fact that behind the innovation and entrepreneurship are rules of law that require honesty, fair play, and transparency. /Lang (EN-US) /Lang (EN-US) /Lang (EN-US) /Parent 13 0 R << /Parent 14 0 R << /Lang (EN-US) /P 336 0 R /K 11 >> /P 54 0 R >> endstream << endobj >> /P 51 0 R 195 0 obj /Pg 245 0 R >> /P 59 0 R /K 7 /P 55 0 R /Pg 256 0 R /K 275 0 R /S /LI /Lang (EN-US) << >> /Lang (DE-DE) >> /P 48 0 R endobj /S /P >> /K 2 /S /P << << endobj 288 0 obj The tests performed on Theranos technology, in addition, were likely to contain inaccurate and unreliable results. /Pg 242 0 R Read company statement regarding investor . /Contents [493 0 R 494 0 R 495 0 R] 174 0 obj >> /Type /Page /P 8 0 R >> /K 142 0 R /Pg 256 0 R /Lang (EN-US) Theranos founder and CEO Elizabeth Holmes speaks at the Fortune Global Forum in San Francisco, California, on Monday, Nov. 2, 2015. 278 0 obj /K 191 0 R /Pg 258 0 R /Lang (EN-US) 117 0 R null null null 118 0 R null null] /K 17 /S /LI A sign outside of the headquarters of Theranos in Palo Alto, California on January 24, 2016. >> endobj /Lang (EN-US) endobj /S /LI 129 0 obj endobj >> >> 95 0 obj /Resources 484 0 R /Type /MCR 368 0 obj Answer 1. << /S /LBody 251 0 obj /Lang (EN-US) >> endobj >> >> >> /Pg 238 0 R /K 3 /Annots [] The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. endobj 145 0 R null null null 146 0 R null null null 147 0 R null endobj /P 303 0 R /S /LI /P 268 0 R /S /LBody /S /L /S /LBody /Underline /Span /MediaBox [0 0 612 792] endobj /Pg 253 0 R << Theranos is a private health care and life sciences company with the stated mission to revolutionize medical laboratory testing through allegedly innovative methods for drawing blood, testing blood, and interpreting the resulting patient data. Theranos may also be known as or be related to Theranos, Theranos Inc, Theranos Inc. and Theranos, Inc. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. >> 344 0 obj /K 202 0 R 320 0 obj /Rotate 0 /Lang (EN-US) 374 0 obj 185 0 R null null] >> /K 24 /Parent 14 0 R /A 259 0 R /P 8 0 R /Pg 240 0 R Theranos eventually settled that matter with the government, voluntarily closing all of its labs. /Resources 500 0 R >> >> In addition, the defendants delivered to doctors and patients blood results that were inaccurate, unreliable, and improperly validated. /P 63 0 R /P 50 0 R /S /P /Lang (EN-US) >> endobj << 201 0 obj /K 10 /S /LBody /P 8 0 R 91 0 obj 128 0 obj /P 8 0 R /S /LBody In fact, Yam relied heavily on Holmes for financial projections. /Lang (EN-US) 108 0 obj /K 206 0 R /Pg 235 0 R /Type /Page /Type /Page /Pg 237 0 R /Pg 237 0 R >> endobj According to a statement from the SEC, "Theranos, Holmes, and Balwani made numerous false and misleading statements in investor presentations, product demonstrations, and media articles by which they deceived investors into believing that its key productcould conduct comprehensive blood tests from finger drops of blood, revolutionizing the . /S /LI /P 8 0 R << /ITXT (2.1.7) Both defendants appeared today before U.S. Magistrate Judge Susan van Keulen for their initial appearances. endobj /K 204 0 R She already settled with the Securities and Exchange Commission (SEC) for a $500,000 penalty and 10-year ban on serving as an officer or director of a public company. /Lang (EN-US) /P 63 0 R 80 0 obj << >> << Government inspectors who arrived at Theranos in response to Cheungs letter found conditions similar to those in the complaint. /S /LI /K 213 0 R /Pg 235 0 R 298 0 obj /S /LBody >> /K 6 /Lang (EN-US) /Pg 235 0 R << << << 1 0 obj /Pg 235 0 R 133 0 obj /S /LBody 395 0 obj The company claimed that it had devised . << /K 22 68 0 obj endobj /P 8 0 R >> /Lang (EN-US) The indictment describes a number of schemes that defendants allegedly employed to mislead investors, doctors, and patients. /P 327 0 R /Pg 247 0 R /Lang (EN-US) /K 25 /P 39 0 R . /P 360 0 R /Resources 452 0 R endobj << endobj /P 50 0 R >> /Rotate 0 115 0 obj 78 0 obj >> /Annotation /Span /K 147 0 R /ParentTreeNextKey 24 >> /Length 502 0 R

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