theranos mission statement

>> /Lang (EN-US) /Lang (EN-US) endobj Having a vested interest in what is at stake as is often the case with founders and investors and envisioning the desired end state via inflexible goals may create a condition known as motivated blindness that can paradoxically prevent us from making realistic progress. 149 0 R null null null 150 0 R null null null 151 0 R null /Lang (EN-US) /Pg 241 0 R << 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 . /S /P << /MediaBox [0 0 612 792] /P 8 0 R /S /LI << /K 155 0 R << 117 0 R null null null 118 0 R null null] endobj /Pg 256 0 R Have you worked at Theranos? Theranos Mission Statement - Zippia The national average salary for a Theranos employee in the United States is $44,094 per year. << /P 48 0 R Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her 11-year prison sentence because she has "two very young children" to be with. << endobj >> /P 171 0 R << endobj 10 [null null 163 0 R null null null 164 0 R null null null /CropBox [0 0 612 792] endobj Theranos Mission Statement - YouTube /Pg 251 0 R /S /LI /Kids [245 0 R 246 0 R 247 0 R 248 0 R 249 0 R] /Pg 252 0 R >> >> After all, one of Theranos top achievements was the very idea Holmes herself had developed an idea she never put through the rigor of scientific testing before defining its contours. /P 292 0 R <> << It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. With /S /LBody /Annots [] Tim De Chant Mark Zuckerberg's Facebook mission statements hide his real aim /Pg 235 0 R Theranos competitors include TED, Bloomberg, HuffPost, National Journal, Washington Plaza Hot, Morgan Stanley, Newsweek. << 3 min read. By 2017, scientific and medical and technical boards were established. << 137 0 obj >> endobj 284 0 obj 131 0 obj /K 10 Theranos is a now-defunct healthcare technology startup founded by disgraced Stanford drop-out Elizabeth Holmes . /P 318 0 R /P 8 0 R << /K 36 endobj 59 0 obj 174 0 obj HUMo@W~{-E$U i~ q&1KNwf{f(=7E GGY,kf~ _i^04V0[398o%dg2vWvuD`aiqeso"! /Lang (EN-US) /S /LBody null 47 0 R null null 129 0 R null null null 130 0 R null endobj Mr. Balwani's lawyer started his opening statement by deflecting blame onto Ms. Holmes, who was the chief executive of Theranos. endobj She had a charisma to her; she was very articulate,Cheung saidof Holmes. /K [304 0 R 305 0 R 306 0 R 307 0 R 308 0 R 309 0 R 310 0 R 311 0 R 312 0 R 313 0 R /K 17 << endobj 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. endobj 194 0 R null null null 195 0 R null null null 196 0 R null endobj /Lang (EN-US) Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. /S /L endobj << /Pg 243 0 R /P 8 0 R endobj /K [349 0 R 350 0 R 351 0 R 352 0 R 353 0 R] /S /LBody /P 300 0 R /K 139 0 R /Lang (EN-US) << Next to a perfectly dosed narrative of black turtlenecks, sprawling office facilities, glossy paper spreads and alluring marketing campaigns, the supposed Apple look-alike of the health technology industry tantalized investors and consumers with its mission, to facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives. Its no surprise that many bought into it. 153 0 obj /Annots [] A young (age-defying), pure-looking (evil-defying), masculine-sounding (stereotype-defying) female CEO speaking about Theranos unfulfilled feats in the present or past present tense, Holmes proposition was so enticing that she was able to assemble one of the most impressive boards in corporate America. /P 8 0 R /Pg 243 0 R >> The Seattle-based coffee giant originated in 1971 and has since become ubiquitous around the world. << /S /P >> /P 266 0 R Theranos' mission was "to make actionable health information accessible to people everywhere in the world, at the time they most need it." It was a lofty, inspiring, and valiantly unifying purpose, . /P 55 0 R 244 0 obj endobj endobj >> /S /LBody /K 10 /Pg 258 0 R << >> /S /LI /S /P endobj Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. 177 0 obj >> Despite persistent losses, Holmes salary increased from $200,000 to $400,000, Yam said. /P 319 0 R /Type /Pages 150 0 obj << 25 0 obj x+ | /Pg 255 0 R << To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives. /Rotate 0 >> /Contents [469 0 R 470 0 R 471 0 R] << 191 0 obj Jumping off the track ends not with a win for consumers, physicians, investors and the company but with charges from the DOJ and the SEC. endobj 15 [null null 192 0 R null null null 193 0 R null null null 93 0 obj Theranos' mission is to make actionable health information accessible to people everywhere in the world at the time it matters, enabling early detection and intervention of disease. /K 227 0 R endobj >> /S /LBody >> >> << 49 0 obj /Parent 12 0 R 20 0 obj 184 0 obj /S /LI >> /Lang (EN-US) /Pg 246 0 R endobj << endobj endobj /P 8 0 R endobj 126 0 obj /K 6 /K 172 0 R endobj /Pg 254 0 R After Cheung went to the federal government, Theranos hired a private detective to spy on her, according to court documents released last week. A March 17 hearing is scheduled on her request to stay out of prison during her appeal. /S /LI /K 10 /Pg 257 0 R 363 0 obj uuid:08e7f9c5-06b3-4447-b9e6-d8f448ec8b85 THERANOS FOUNDER ELIZABETH HOLMES IN COURT; ANATOMY OF A FRAUD. /P 8 0 R >> /K 9 292 0 obj /Pg 239 0 R >> endobj /S /LI Mirage or Vision? Four Blind Spots at the Core of Theranos' Failure /Tabs /S /P 51 0 R /ParentTree 9 0 R << /Lang (EN-US) /TextBox /Art /Parent 5 0 R endobj 156 0 obj /Lang (EN-US) endobj /K 197 0 R A jury will decide whether Ms. Holmes, who founded Theranos and hawked a mission of revolutionizing health care, lied to investors about her company's technology. 147 0 obj >> /Subtype /XML endobj /Lang (EN-US) /Pg 244 0 R <> /CropBox [0 0 612 792] /Pg 250 0 R /Lang (EN-US) 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. /Lang (EN-US) /K 194 0 R >> << In many ways, Theranos is the embodiment of Silicon Valley startup culture. 235 0 obj >> endobj Theranos is a consumer healthcare technology company. Doctors began using Theranos testing devices to diagnose patients and dispense medical advice. /StructParents 2 >> /Tabs /S /Lang (EN-US) 83 0 obj endobj << 80 0 R 81 0 R 82 0 R] /MediaBox [0 0 612 792] /P 301 0 R Help us make this company more transparent. Most of the tests that Theranos was performing for clients were done on devices made by other companies, Cheung testified. /S /P Theranos, Inc. is a consumer health technology company founded in 2003 by Elizabeth Holmes. /Lang (EN-US) stream /Resources 480 0 R >> endobj /S /LI /CreationDate (D:20180314084127-07'00') endobj /K 179 0 R << << 171 0 obj /P 302 0 R /Pg 257 0 R /S /LI /Lang (EN-US) << endobj /S /LI /Parent 11 0 R 155 0 obj endobj Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives." Around the time that Theranos was losing nearly $2 million per week, investors in the blood-testing startup were being told that the company would soon be bringing in almost $1 billion per year. endobj /K 11 /K 145 0 R /S /P >> /K 137 0 R /Lang (EN-US) /S /LI /K 35 << /K 12 257 0 obj /Filter /FlateDecode << The United States Postal Inspection Service has a long history of successfully investigating complex fraud cases, said Inspector in Charge Rafael E. Nuez. /Pg 235 0 R 389 0 obj << /S /LBody /P 277 0 R /K 206 0 R >> /P 348 0 R /Pg 254 0 R 123 0 R null null null 124 0 R null null] << >> Who is Elizabeth Holmes and what did she do? - USA TODAY /S /LI /S /LBody /K 12 /Pg 257 0 R Leaving Little Space for Inspiration. /Pg 240 0 R 3. The boundless part of her visioning deserves extra attention. endobj 382 0 obj >> Mirage Or Vision? Four Blind Spots At The Core Of Theranos - Forbes /P 48 0 R endobj /Pg 257 0 R 245 0 obj null null 214 0 R null null] 35 0 obj /Pages 5 0 R /K 393 0 R If convicted, the defendants face a maximum sentence of twenty (20) years in prison, and a fine of $250,000, plus restitution, for each count of wire fraud and for each conspiracy count. /Lang (EN-US) << /Rotate 0 /Tabs /S << /RoleMap 7 0 R /Lang (EN-US) /Lang (EN-US) << 242 0 obj /K [354 0 R 355 0 R 356 0 R 357 0 R 358 0 R 359 0 R 360 0 R 361 0 R 362 0 R 363 0 R 300 0 obj 306 0 obj /K 3 << /Lang (EN-US) Elizabeth Holmes verdict: researchers share lessons for science - Nature << uuid:f59fd1a5-0a21-408a-99c1-079770aebbbd endobj /K [26 395 0 R] >> The tests performed on Theranos technology, in addition, were likely to contain inaccurate and unreliable results. 43 0 obj /Parent 5 0 R /K 141 0 R /S /P A mission that reads more like a fact sheet than something that explains a company's reason for existing won't be effective. /S /LBody >> /S /LBody /S /LBody 376 0 obj << /S /LBody 302 0 obj 75 0 obj 241 0 obj /K 196 0 R /Lang (EN-US) >> 268 0 obj . endobj /P 362 0 R >> /K 6 /K 6 Consider Elizabeth Holmes obsession with producing as small a micro-Lab as possible or with using just a few drops of blood in order to conduct the myriad of tests Theranos promised. 7 [null null 147 0 R null null null 148 0 R null null null /S /LBody >> 98 0 obj /P 357 0 R /S /LBody /P 8 0 R /P 8 0 R /K 6 endobj /P 320 0 R endobj /K [8 94 0 R] /StructParents 12 /K 22 /S /P endobj /K 2 /S /LBody null null 225 0 R null null null 226 0 R null null null >> /Lang (EN-US) /Pg 251 0 R endobj >> /K 18 /K 3 /P 50 0 R /K 32 121 0 obj endobj /K 31 /Pg 237 0 R /K 147 0 R /Rotate 0 endobj >> /S /P /Pg 235 0 R /Pg 235 0 R << /StructParents 11 /Type /MCR 359 0 obj /Parent 5 0 R 294 0 obj >> /K 0 endobj /P 55 0 R /Pg 247 0 R >> /S /L Balwani, 53, of Atherton, Calif., was employed at Theranos from September of 2009 through 2016. /K 0 /S /LBody 140 0 obj /CropBox [0 0 612 792] /K 2 >> endobj /K 24 2018-03-14T08:41:27-07:00 /P 8 0 R Former Theranos employees are still shaken as Elizabeth Holmes - CNBC /P 325 0 R /Length 10 0 R "Sunny Balwani did not start Theranos," said the lawyer . /S /P /Lang (EN-US) /K 208 0 R <> /P 306 0 R Moreover, Theranos and Holmes made "false and misleading statements" in press accounts to bolster the startup's profile. /Lang (EN-US) /CropBox [0 0 612 792] /K 14 /Pg 235 0 R >> >> << /P 304 0 R << /Parent 14 0 R 258 0 obj << /Pg 256 0 R Elizabeth Holmes finishes testifying in Theranos trial - The Washington /K 159 0 R Theranos stood as the next big breakthrough innovator in the healthcare industry offering an affirming achievement of the value of human ingenuity. /P 48 0 R Theranos Was Losing Hundreds Of Millions As Elizabeth Holmes Talked Up /S /P /Lang (EN-US) /P 54 0 R /P 55 0 R /K 29 /K 122 0 R endobj >> 80 0 obj 90 0 obj /Parent 13 0 R 351 0 obj 195 0 obj /Lang (EN-US) /S /LBody /P 40 0 R endobj /P 349 0 R The site is secure. >> /Pg 238 0 R endobj /P 48 0 R 205 0 obj /Lang (EN-US) /S /LI >> 315 0 obj >> /S /LI /Lang (EN-US) << endobj 63 0 obj /P 33 0 R << /Parent 11 0 R >> >> null 114 0 R null] /P 8 0 R 79 0 obj /S /LBody /Contents [473 0 R 474 0 R 475 0 R] << /S /LI There are at least four biases that can let a belief about a desired future state shape reality despite its disconnectedness from reality. 99 0 obj >> /S /P /Pg 235 0 R /Lang (EN-US) 335 0 obj /Type /Page endobj /Pg 235 0 R /K [95 0 R 96 0 R 97 0 R 98 0 R 99 0 R 100 0 R 101 0 R 102 0 R 103 0 R 104 0 R] Did you ever provide financial projections to investors? Robert Leach, an assistant US attorney,asked Yam. /StructParents 0 18 [null null 209 0 R null null null 210 0 R null null null /Lang (EN-US) /K 18 /Lang (EN-US) << /P 8 0 R endobj /S /P 3 0 obj << << endobj /S /P /K 118 0 R She had a strong sense of conviction to her mission., Cheung quit after seven months on the job and filed a whistleblower complaint with the Centers for Medicare and Medicaid Services, alleging that the company used expired lab supplies for tests run on its proprietary Edison testing devices, which themselves had major stability, precision, and accuracy problems., I was uncomfortable processing patient samples, she said. /P 50 0 R /P 389 0 R /K 205 0 R >> /Rotate 0 endobj /Lang (EN-US) Although it is a merger of two major companies in 2015, Kraft Heinz's mission and vision statements retain the critical elements and objectives contained in the mother firms - H.J. <> /Lang (EN-US) Now a mom of two, ex-Theranos CEO Elizabeth Holmes wants to delay /K 6 /MediaBox [0 0 612 792] SAN JOSE - A federal grand jury has indicted Elizabeth A. Holmes and Ramesh Sunny Balwani, announced Acting United States Attorney Alex G. Tse, Federal Bureau of Investigation (FBI) Special Agent in Charge John F. Bennett; Food and Drug Administration (FDA) Commissioner Scott Gottlieb; and U.S. /S /LI 47 0 obj /Lang (EN-US) << /S /LI The next witness was Erika Cheung, who was hired by Theranos out of undergrad as a lab associate. /Pg 237 0 R << For example, with respect to investors, defendants performed technology demonstrations during which defendants intended to cause potential investors to believe blood tests were being conducted on Theranoss proprietary analyzer when, in fact, the analyzer really was running a null protocol and was not testing the potential investors blood. << /Pg 257 0 R /S /P /Tabs /S /P 48 0 R endobj >> /CropBox [0 0 612 792] /K 8 /Pg 258 0 R /K 14 /K 15 203 0 obj /P 8 0 R 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 93 0 R] /K 6 /Pg 257 0 R /P 8 0 R << 26 0 obj /K 1 390 0 obj /K 17 /S /LI >> >> /S /LI /Lang (EN-US) /Resources 428 0 R /S /P Theranos Inc. (/ r. by Elizabeth Holmes. /Lang (EN-US) 392 0 obj << /S /LBody At the time, Holmes, 39,was a mother of a 1-year-old son and pregnant with another child. /K 20 /P 279 0 R >> /S /P /Lang (EN-US) Avoid simply listing what your company does and shift your focus to the bigger picture: what guides your company strategy and inspires your workforce. /S /LI /P 51 0 R /Pg 237 0 R /S /P << 92 0 obj PDF 1 JINA L. CHOI (NY Bar No. 2699718) ERIN E. SCHNEIDER (Cal. Bar - SEC /S /P 339 0 obj Peter DaSilva/Reuters. << /MediaBox [0 0 612 792] /P 51 0 R /K 2 /S /P /S /LI Holmes fostered a culture of fear because it served her needs. >> /Lang (EN-US) 324 0 R 325 0 R 326 0 R 327 0 R 328 0 R 329 0 R 330 0 R] /K [26 383 0 R] endobj /Lang (EN-US) /Lang (EN-US) /Length 502 0 R << endobj 303 0 obj /S /P The . /K 128 0 R endobj 4 0 obj << In the end, the innovations Theranos was after were not only meant for its own success but to secure a better future for millions of people. /P 59 0 R /S /LI /P 8 0 R /P 311 0 R << >> /K 6 /Resources 484 0 R << >> >> /Lang (EN-US) We all knew it was coming. /Pg 244 0 R endobj /S /LI endobj endobj /S /LI 180 0 obj /S /LBody %PDF-1.5 /S /LBody 68 0 obj /MediaBox [0 0 612 792] For example, allegedly, Holmes and Balwani knew that the analyzer, in truth, had accuracy and reliability problems, performed a limited number of tests, was slower than some competing devices, and, in some respects, could not compete with existing, more conventional machines. 213 0 obj /Marked true << endobj << /Lang (EN-US) /K 8 endobj /P 50 0 R << -mission statement: to make actionable information accessible to everyone at the time it matters. /CropBox [0 0 612 792] endobj >> >> >> /K 189 0 R << /Pg 253 0 R FAQ - New Privacy Policy. /Lang (EN-US) /P 48 0 R /Producer (Adobe PDF Library 15.0; modified using iText 2.1.7 by 1T3XT) endobj /Pg 235 0 R /CropBox [0 0 612 792] 22 [70 0 R 71 0 R 72 0 R 73 0 R 74 0 R 75 0 R 76 0 R 77 0 R 78 0 R 79 0 R /StructParents 3 >> /StructParents 6 3553. 72 0 obj >> /Tabs /S /Lang (EN-US) /Pg 235 0 R 164 0 obj The Journal reported that in 2015, the technology was only used for 15 tests. 33 0 obj /Pg 250 0 R /P 331 0 R /Lang (EN-US) /S /LI /Pg 253 0 R << /Pg 244 0 R << endobj >> Elizabeth Holmes' fate in jurors' hands after fiery closing arguments /P 8 0 R endobj null null 174 0 R null null null 175 0 R null null null /K 177 0 R >> Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh "Sunny" Balwani, were first indicted together on a dozen federal fraud charges stemming from their time . endobj /K 29 << /StructParents 13 /Lang (EN-US) /P 363 0 R endobj << << /K 14 Prosecutors allege that Holmes and Balwani deliberately misled investors, policymakers and the public about the accuracy of Theranos blood-testing technologies since 2013, at least, EX-BILLIONAIRE ELIZABETH HOLMES CAN'T PAY LAWYERS DEFENDING HER IN THERANOS FRAUD CLAIM. endobj /Lang (EN-US) << >> >> << >> 176 0 obj << /Kids [250 0 R 251 0 R 252 0 R 253 0 R 254 0 R 255 0 R 256 0 R 257 0 R 258 0 R] /S /LBody Elizabeth Holmes is the founder and former CEO of Theranos (2003-2018), a company that created and distributed blood testing devices. 64 0 obj endobj /S /P << << At the peak of her career in 2015, Forbes estimated her net worth at $4.5 billion. The first week of Theranos founder Elizabeth Holmes' fraud trial is now complete. /P 48 0 R << /K 190 0 R /Pg 235 0 R 5 [null null 137 0 R null null null 138 0 R null null null endobj /S /LI /Contents [409 0 R 410 0 R 411 0 R] endobj /StructParents 14 endobj /Lang (EN-US) endobj >> But thats not what the company was telling investors, according to new documents shared during the jury trial of Theranos founder and CEO Elizabeth Holmes. /MediaBox [0 0 612 792] Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. 2023 FOX News Network, LLC. /Lang (EN-US) /K 183 0 R /Lang (EN-US) /Lang (EN-US) << /Parent 5 0 R << 159 0 R null null null 160 0 R null null null 161 0 R null <> >> /K 217 0 R 159 0 obj /P 275 0 R << /Rotate 0 /P 380 0 R >> /Contents [417 0 R 418 0 R 419 0 R] Theranos and Elizabeth Holmes: the Marketing of Silicon Valley's >> endobj endobj 110 0 obj /P 44 0 R 379 0 obj /Pg 239 0 R /Pg 247 0 R /P 42 0 R 399 0 obj <> /K 14 /K 33 /K 14 << /P 260 0 R 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. >> The Indictment Alleges That Investors Were Defrauded. >> /Rotate 0 /Type /Page /Lang (EN-US) endobj 208 0 obj /P 63 0 R /P 360 0 R /Pg 253 0 R /Type /Pages >> The company boasted the ability to get results from very small amounts of blood, something that would be revolutionary in medical diagnostics. endobj >> /Tabs /S >> << Theranos went on to issue private stock in six rounds between 2014 and 2015, starting at 17 cents per share and ending at $17 per share, according to a document explained by Yam, with investors . 6 [null null 143 0 R null null null 144 0 R null null null endobj endobj 373 0 obj /P 8 0 R << 12 [null null null 172 0 R null null null null 173 0 R null null] << >> /S /P 223 0 obj /Resources 472 0 R /Lang (EN-US) /Pg 238 0 R endobj 162 0 obj 112 0 obj 36 0 obj /P 54 0 R >> >> << >> 287 0 obj endobj The startup entrepreneurial spirit is selling a vision of a fictional product - a product that does not yet exist. >> 395 0 obj null null 127 0 R null null 45 0 R null null 128 0 R null According to the indictment returned yesterday and unsealed today, the charges stem from allegations Holmes and Balwani engaged in a multi-million dollar scheme to defraud investors, and a separate scheme to defraud doctors and patients. /Author () << /Parent 12 0 R Zippia Score 4.7. /P 48 0 R 385 0 obj /Lang (EN-US) /MediaBox [0 0 612 792] >> 1 0 obj endobj Similarly, defendants purchased and used commercially-available analyzers to test patient blood, while representing to investors that Theranos conducted its patients tests using Theranos-manufactured analyzers. 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. /P 48 0 R endobj /S /Span /K 213 0 R /Pg 257 0 R 19 [null null 215 0 R null null null 216 0 R null null null >> endobj >> Overview Salary Revenue History Demographics Competitors CEO & Executives. 259 0 obj /K 151 0 R 218 0 obj /S /LI /P 366 0 R << /S /LI It was not only motivated blindness that may have triggered the slippery slope of unethical conduct at Theranos. /S /P << endobj /K 22 /Pg 245 0 R History of Theranos - Case Study Blog: Theranos Theranos employees are most likely to be members of the Democratic Party. /Lang (EN-US) endobj /S /LI /Pg 238 0 R 318 0 obj The company grew to be worth more than $9 billion, employing more than800 employees attracting investors such asLarry Ellison, founder of Oracle; Rupert Murdoch, billionaire media mogul; and the Walton family, who founded Walmart. endobj According to the March 2018 statement from the SEC, Theranos, . It included jury selection, opening statements, released text messages, and an unexpected . null 52 0 R 53 0 R] /K 131 0 R /Lang (EN-US) >> /S /LBody >> /K 6 /K 158 0 R >> /P 352 0 R The indictment charges each defendant with two counts of conspiracy to commit wire fraud, in violation of 18 U.S.C. /P 59 0 R >> endobj /Lang (EN-US) << This material may not be published, broadcast, rewritten, or redistributed. /Pg 236 0 R /S /TR /K 18 /K 6 << 271 0 obj endobj /S /LBody /Tabs /S >> Legal Statement. >> The .gov means its official.Federal government websites often end in .gov or .mil. /Type /MCR >> /K 157 0 R 1. /Pg 251 0 R /K 24 /S /LBody /K 21 /P 329 0 R >> /Pg 248 0 R /K 2 << << /Annots [] << 243 0 obj /Tabs /S /K 124 0 R endobj /S /L /Lang (EN-US) /K 207 0 R /Annots [] /P 34 0 R This district, led by Silicon Valley, is at the center of modern technological innovation and entrepreneurial spirit; capital investment makes that possible. >> endobj [2] This was done through a medical device called a nanotainer, which drew, retained, and analyzed mere droplets of blood from the patient's fingertip and . /K 0 /K 20 << >> /Lang (EN-US) 358 0 obj The far-reaching nature of Theranos promises pulled stakeholders attention towards the end state rather than the more practical and operational nature of the challenges that needed consideration in order to successfully implement the purported technological approach. /Type /Page Morever, Holmes needs to grow a . 246 0 obj /Tabs /S /S /LBody << 229 0 obj /Rotate 0 Holmes, Balwani, and Theranos also made false or misleading statements to investors about many aspects of Theranos' business, including the capabilities of its proprietary /K 21 /S /LBody << endobj >> /P 50 0 R /Pg 244 0 R The Company's clinical laboratory offers comprehensive laboratory tests. Toxic culture: Lessons from Theranos | Eagle Hill Consulting /Tabs /S /P 380 0 R Fraud, or just a failure? Theranos founder Elizabeth Holmes's trial endobj endobj >> << 22 0 obj Theranos' mission: a blood test requiring only a pinprick of blood, enough to run dozens of medical tests on the startup's hi-tech machines. >> >> endobj << endobj /CropBox [0 0 612 792] Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives." 250 0 obj /Lang (EN-US) /K 11 >> /StructParents 17 endobj /P 268 0 R /P 270 0 R 95 0 R 96 0 R 97 0 R 98 0 R 99 0 R 100 0 R 101 0 R 102 0 R 103 0 R 104 0 R /P 8 0 R /S /LI /S /LBody Indication(s) for use: Same as the intended use 3. 154 0 obj >> /P 8 0 R 344 0 obj endobj /S /LI /S /L 353 0 obj endobj 312 0 obj Adobe PDF Library 15.0; modified using iText 2.1.7 by 1T3XT << << 120 0 obj 364 0 R 365 0 R 366 0 R 367 0 R] 219 0 obj endobj /K 10 57 0 R 58 0 R null null 223 0 R null null null 224 0 R null /Lang (EN-US) /P 51 0 R /Pg 236 0 R >> /S /LI endobj /Annots [] /Lang (EN-US) endobj /S /LBody /P 63 0 R << endobj <> It then allegedly used those articles to generate financial interest. 346 0 obj /P 340 0 R 76 0 obj >> >> >> /Lang (EN-US) 122 0 obj endobj endobj endobj /Resources 412 0 R << /Pg 245 0 R << /K [26 384 0 R] 334 0 obj /S /P >> /K 275 0 R /P 314 0 R /Kids [235 0 R 236 0 R 237 0 R 238 0 R 239 0 R] endobj << /Pg 235 0 R 256 0 obj << /MCID 2 << /S /P /Lang (EN-US) /S /LBody /P 8 0 R 123 0 obj endobj 386 0 obj << /K 14 There are at least four biases that can let a belief about a desired future state shape reality despite its disconnectedness from reality. /S /LBody /Pg 252 0 R /P 48 0 R /Lang (EN-US) /P 341 0 R /Parent 11 0 R 336 0 obj << /Annots [] /K 6 /Parent 13 0 R endobj /S /LBody /K 129 0 R 370 0 obj /Pg 243 0 R >> Mutual Fund and ETF data provided byRefinitiv Lipper. 375 0 obj 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.". << << /Underline /Span << 212 0 obj Terry Masson (Founder and Chief Executive Officer). 262 0 obj /P 51 0 R /Pg 256 0 R To conduct any kind of research for any company in any industry. /Lang (EN-US) stream /Pg 255 0 R endobj Answer (1 of 7): In 2003, Elizabeth Holmes, then a sophomore studying chemical engineering at Stanford, founded a company called Real-Time Cures. >> endobj Theranos founder Elizabeth Holmes charged with massive fraud - CNNMoney Cultivating a boundless vision until the very end completely untethered from the status quo, rules, requirements and the demands of the here and now Holmes and Theranos were on a special kind of journey. /K 26 /P 8 0 R << /S /LI In November 2022, Holmes was sentenced to 135 months in prison for defrauding investors in the failed Silicon Valley startup that sought to revolutionize blood testing. /P 8 0 R /K 16 The Theranos founder intentionally deceived investors, a US . /S /LBody << 3553. /Pg 244 0 R >> endobj Theranos founder Elizabeth Holmes, now a mother of two, is asking to delay her 11-year sentence for felony fraud so she can be at home with her two young children while she appeals the conviction. emblazoned in block capitals in the Theranos lobby, was 'Do or do not. endobj /Pg 250 0 R /K 115 0 R

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theranos mission statement