,Elizabeth Holmes is at the center of a health care fraud trial involving Theranos, a blood-testing start-up that she founded in 2003, which is set to begin in September, 2021 in San Jose, California, United States. – AFP file pic, August 29, 2021.
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A FEMALE entrepreneur whose multi-billion-dollar start-up looked set to revolutionize medical testing, before it crashed and burned in a blaze of fraud claims, goes on trial next month.
When she launched the diagnostics company Theranos in 2003, at the age of just 19, the charismatic Elizabeth Holmes promised results that were faster and cheaper than traditional laboratories, running an analytical gamut on just a few drops of blood.