theranos mission statement

/K 159 0 R /K 234 0 R /Lang (EN-US) endobj /S /LBody /P 50 0 R endobj >> /CropBox [0 0 612 792] /K [8 94 0 R] 40 0 obj /Lang (EN-US) 126 0 obj However, any sentence following conviction would be imposed by the court after consideration of the U.S. 137 0 obj /Pg 235 0 R << endobj And although entrepreneurship is very much about turning an imagined future state into reality, the vast and unchecked gap between Theranos vision and the technological incompetence of its operations was breathtaking. /P 299 0 R /P 374 0 R /Lang (EN-US) /S /L endobj Further, defendants allegedly represented to investors that Theranos had a profitable and revenue-generating business relationship with the United States Department of Defense and that Theranoss technology had deployed to the battlefield when, in truth, Theranos had limited revenue from military contracts and its technology was not deployed in the battlefield. The startup was founded in Feb. 2014, was headquartered in Palo Alto, Calif., according to Bloomberg. 176 0 obj /S /LBody /K [28 391 0 R] Palo Alto, United States August 18, 2016: Elizabeth Holmes accepts The Entrepreneur award at, the 25th Annual Glamour Women of the Year Awards on Nov. 9, 2015, in New York. /S /LI endobj 45 0 R 46 0 R 47 0 R 48 0 R 49 0 R 50 0 R 51 0 R 52 0 R 53 0 R 54 0 R /S /LBody /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 /S /LI /Lang (EN-US) /Pg 251 0 R >> 155 0 obj 145 0 obj >> Ms. Holmes's lawyers have said the entrepreneur dedicated 15 years to Theranos's mission and her only crime was having a startup that failed, as so many do endobj /Lang (EN-US) 343 0 obj /K [28 394 0 R] 247 0 obj << >> It then allegedly used those articles to generate financial interest. endobj 297 0 obj <> >> /P 365 0 R 292 0 obj /Resources 460 0 R >> /Pg 251 0 R /K 157 0 R /K 10 /Tabs /S /P 305 0 R /K 147 0 R /Pg 247 0 R >> << /K 2 >> /K 191 0 R /S /LBody When he sentenced Holmes, U.S. District Judge Edward Davila pushed to April 27 her report date to a prison in Byron, Texas, so she could give birth to her second child before being incarcerated. << >> Your California Privacy Rights | Do Not Sell My Personal Information He . /S /LI /P 380 0 R << 251 0 obj /S /LI /Pg 256 0 R << /Type /Page 206 0 obj /S /LBody /P 50 0 R >> /S /LI >> /Type /MCR /P 51 0 R << /Lang (EN-US) The company spent over $150,000 surveilling her and another whistleblower. During the trial Holmes accused her ex-boyfriend and business partner, Ramesh "Sunny" Balwani, of emotional and sexual abuse at the time of the alleged crimes, impairing her mental state. /K 10 /K 227 0 R 314 0 obj /Resources 464 0 R 95 0 obj 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. 185 0 obj /Pg 238 0 R 377 0 obj /Annots [] /Pg 257 0 R 139 0 obj 16 [null null 199 0 R null null null 200 0 R null null null endobj endobj 154 0 obj /K 199 0 R /P 278 0 R 139 0 R null null null 140 0 R null null null 141 0 R null /K 9 endobj /CropBox [0 0 612 792] Bundled together, these biases not only warped Holmes sense of truth, but they likely slanted the perspective of key stakeholders who were attracted to the many promises made by Theranos. << >> /Pg 235 0 R /Pg 247 0 R /Tabs /S >> The company grew to become a business worth billions. >> 48 0 obj The Journal reported that in 2015, the technology was only used for 15 tests. We all knew it was coming. << /Pg 256 0 R /S /LI /P 8 0 R /Annots [] 45 0 obj /P 48 0 R /Pg 250 0 R /P 326 0 R >> Leaving Little Space for Inspiration. endobj /K 182 0 R /K [26 388 0 R] /P 55 0 R She is photographed in 2014 while speaking about the company's vision at their headquarters in Palo Alto . >> Holmes will head to trial starting Aug. 4, and Balwani will be tried afterthe conclusion of Holmes case, Bloomberg reported. /S /LBody The request for Holmes toremain free pending an appeal, filed Feb. 23 with the U.S. District Court for the Northern District of California, did not say when Holmes had her second baby. /S /LBody << /K 10 /Annots [] /S /LI << << /Contents [409 0 R 410 0 R 411 0 R] 63 0 obj >> /P 262 0 R Theranos wanted to make detailed blood sample analysts accessible to all doctors in a timely manner. /K 14 Here's Robert Leach, assistant U.S. attorney, who is prosecuting the case against Holmes: "This is a case about fraud, about lying and cheating to get money," Leach says. 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. /P 344 0 R endobj << /S /LBody /Lang (EN-US) endobj /Pg 256 0 R The company's stated mission was to "revolutionize medical laboratory testing," according to the Department of Justice. /Type /MCR /K 18 /K 181 0 R /K 22 endobj << /Pg 244 0 R /P 40 0 R 266 0 obj /StructParents 15 >> << << /K 1 /K [331 0 R 332 0 R 333 0 R 334 0 R 335 0 R 336 0 R 337 0 R 338 0 R 339 0 R 340 0 R 264 0 obj /Lang (EN-US) /S /LI >> 256 0 obj /Lang (EN-US) Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives.". +1 (202) 442-3507. endobj 84 0 obj /Lang (EN-US) /Type /MCR /MediaBox [0 0 612 792] /P 8 0 R endobj /S /LI >> << endobj endobj endobj /CropBox [0 0 612 792] /P 8 0 R null 49 0 R null null 157 0 R null null] << 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. 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 6 /S /LI endobj /P 42 0 R /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. /S /LI 2023 FOX News Network, LLC. >> >> /K 21 /P 286 0 R 59 0 obj /P 304 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 endobj >> A sign outside of the headquarters of Theranos in Palo Alto, California on January 24, 2016. /S /L /P 371 0 R endobj >> endobj endobj /MCID 2 /K 169 0 R /K 25 /P 8 0 R /Pg 239 0 R Theranos is a now-defunct healthcare technologystartup founded by disgraced Stanford drop-out Elizabeth Holmes. /Pg 243 0 R /K 14 /K 174 0 R /K 16 /Tabs /S We searched far and wide for the best company mission statement examples. 87 0 obj 22 0 obj /Rotate 0 >> /S /P << /Pg 257 0 R /K 6 104 0 obj endobj 6 [null null 143 0 R null null null 144 0 R null null null /Count 5 /S /LI 188 0 R null null null 189 0 R null null null 190 0 R null endobj Answer (1 of 7): In 2003, Elizabeth Holmes, then a sophomore studying chemical engineering at Stanford, founded a company called Real-Time Cures. /P 48 0 R /StructParents 12 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. The startup entrepreneurial spirit is selling a vision of a fictional product - a product that does not yet exist. 204 0 obj /P 8 0 R endobj endobj /K 127 0 R /K [24 387 0 R] 62 0 obj >> /S /LBody endobj /K 0 /Lang (EN-US) >> /S /L << >> /Pg 235 0 R 394 0 obj /Lang (EN-US) /Lang (EN-US) /Resources 436 0 R << 232 0 obj endobj 261 0 obj /K 1 194 0 obj /Lang (EN-US) << /K 36 << 236 0 obj /Type /Page /S /LI /Pg 244 0 R Theranos Inc. founder Elizabeth Holmes was criminally charged in June 2018 with defrauding investors following the collapse of her blood-testing startup. /Lang (EN-US) /P 335 0 R endobj 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] >> Most of the tests that Theranos was performing for clients were done on devices made by other companies, Cheung testified. /Lang (EN-US) /P 50 0 R /Tabs /S /P 46 0 R /P 289 0 R /Contents [437 0 R 438 0 R 439 0 R] >> /S /P /Parent 12 0 R endobj /Pg 235 0 R /S /LI /Pg 245 0 R >> /Pg 258 0 R << John Carreyrou writes the story of a gifted 19-year-old who founded a health . /S /LBody /Lang (EN-US) /S /LI endobj /K 14 370 0 obj /P 54 0 R /S /LI /K [374 0 R 375 0 R 376 0 R 377 0 R 378 0 R 379 0 R] endobj /S /LI endobj >> There are at least four biases that can let a belief about a desired future state shape reality despite its disconnectedness from reality. 360 0 obj 174 0 obj endobj /K 141 0 R /Parent 11 0 R 18 [null null 209 0 R null null null 210 0 R null null null >> /K 145 0 R /Pg 257 0 R /P 292 0 R /Lang (EN-US) << 138 0 obj 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 /S /LI /P 55 0 R /K 216 0 R /K 30 >> 69 0 obj /Resources 480 0 R emblazoned in block capitals in the Theranos lobby, was 'Do or do not. /Lang (EN-US) /Lang (DE-DE) /Lang (EN-US) /Rotate 0 /StructParents 19 /Lang (EN-US) /K 205 0 R << endobj 278 0 obj << endobj /K 14 /Parent 12 0 R /Pg 249 0 R 350 0 obj /P 8 0 R << /S /LBody << (REUTERS/Carlo Allegri). endobj /Annots [] >> >> Theranos founder and CEO Elizabeth Holmes speaks at the Fortune Global Forum in San Francisco, California, on Monday, Nov. 2, 2015. >> >> The two pleaded not guilty to wire fraud and conspiracy to commit wire fraud. /Pg 251 0 R /P 350 0 R /K 1 /K 31 endobj >> /Lang (EN-US) /K 38 /Pg 235 0 R Nov 8, 2017. << endobj /S /LBody And while some have observed that her behavior showed various sociopathic tendencies, the relaxed aura that cheating in the service of a larger cause may afford the average person may amp up ethical risk far more than the risk posed by sociopathic individuals. Surprisingly, few paid much attention to that unchecked gap before the truth began to come out. >> /Tabs /S << endobj /CropBox [0 0 612 792] >> 17 0 obj endobj /K 22 225 0 obj 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. 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. 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 /K 5 In a reply, Holmes said she was projecting $100 million for 2015, nearly ten times less than what she told investors at one point. /Annots [] And the company's downfall later became the focus of an HBO documentary, "The Inventor: Out for Blood in Silicon Valley. << /Lang (EN-US) /Pg 236 0 R /K 194 0 R << >> /S /LI 73 0 obj /K 143 0 R /S /LBody /P 355 0 R /P 55 0 R >> << << 179 0 obj /P 273 0 R 257 0 obj 89 0 obj >> 103 0 obj endobj 170 0 obj /K 133 0 R This material may not be published, broadcast, rewritten, or redistributed. >> 3 [null null 125 0 R null null 43 0 R null null 126 0 R null /S /P /Pg 245 0 R << /P 8 0 R /P 300 0 R Since this form of unethical behavior may lack the pangs of guilt and/or shame that generally provide people with a certain amount of self-restraint and hesitation, it can be difficult for others to suspect any bad conduct. >> /Lang (DE-DE) /Pg 235 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.". endobj /K 20 55 0 obj /Lang (EN-US) Help us make this company more transparent. /K 33 /MCID 2 >> endobj /InlineShape /Figure /Pg 235 0 R Yam said she had never seen the document before, nor did she know where those numbers had come from. /P 340 0 R << << /Parent 13 0 R << endobj << Ad Choices, Theranos founder Elizabeth Holmes on trial as jury selection begins, Theranos downfall due to elaborate $4M conspiracy, investor says. 132 0 obj /K 9 An official website of the United States government. 385 0 obj /K 6 /S /LI >> /K [18 385 0 R] /P 8 0 R >> << >> /P 51 0 R >> >> /Pg 255 0 R /K 20 >> Elizabeth Holmes speaks on stage at the Glamour Women of the Year Awards where she receives an award, in New York, NY on Nov. 9, 2015. /K 23 /S /LBody endobj endobj They proposed revoking the companys license to test human specimens. << 324 0 R 325 0 R 326 0 R 327 0 R 328 0 R 329 0 R 330 0 R] >> /S /LBody It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. >> << /Lang (EN-US) /Lang (EN-US) /K [26 384 0 R] /K 28 endobj 93 0 obj endobj 167 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. 51 0 obj Postal Inspection Service (USPIS) Inspector in Charge Rafael Nuez. 125 0 obj >> /Contents [469 0 R 470 0 R 471 0 R] endobj 311 0 obj 183 0 obj /P 8 0 R endobj << /Lang (EN-US) >> endobj /P 8 0 R /S /P >> The Theranos HSV-1 IgG Assay is for use with the Theranos System which performs automated sample processing steps and result analysis. /Pg 248 0 R Theranos founder Elizabeth Holmes arrives at San Jose court, Theranos CEO on companys blood testing system. 358 0 obj endobj /Lang (EN-US) /S /P /Lang (EN-US) Investors who put a total of $632 million into Theranos in its latest funding round from 2014 to 2015 included " Rupert Murdoch and family-controlled Cox Enterprises Inc., -- [Cox family holdings . /Pg 235 0 R << /K 47 by Elizabeth Holmes. /StructParents 5 13 0 obj ] /K 110 0 R /P 359 0 R /S /LBody 395 0 obj The defendants also delivered to doctors and patients blood test results from which critical results were improperly removed. /P 263 0 R endobj >> >> 2018-03-14T09:02:10-07:00 /Count 24 /Annots [] In reality, Theranos couldn't perform more than 12 tests on its Edison devices, former lab . << 296 0 obj Onetime wunderkind Holmes and Balwani, her former partner in business and domestic affairs, stand charged with nine federal counts . /O /Layout endobj 309 0 obj When Yam was working with an analytics firm to price stock options, she asked Holmes for some key financial forecasts, including projected revenue, because the CEO had the best information. During that process, Yam had emailed Holmes asking her how much revenue she was anticipating. /Contents [453 0 R 454 0 R 455 0 R] >> endobj /Lang (EN-US) >> What we know for certain is that behind this particular corporate failure lies a cautionary tale of boundless visioning that all investors, entrepreneurs and organizations seeking breakthrough innovations should be interested in further understanding. 234 0 obj << /S /LBody Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives." /Rotate 0 endobj << /Type /Page << 396 0 obj 171 0 obj 97 0 obj endobj Creating something new is about breaking the status quo. endobj /P 351 0 R /Lang (EN-US) /K 126 0 R >> >> >> endobj /Resources 412 0 R !xRnE1$g9`8\\5g1^"z+. 375 0 obj <> >> << /K 14 /S /LI /P 290 0 R /P 50 0 R >> Balwani, 53, of Atherton, Calif., was employed at Theranos from September of 2009 through 2016. But indictments said Holmes andher colleague and former romantic partner Ramesh Sunny Balwani, lied about the technology, the company's finances, and its partnerships with the Department of Defense and Walgreens. /P 51 0 R /K 152 0 R << endobj 100 0 obj /P 373 0 R Balwani, 53, of Atherton, Calif., was employed at Theranos from September of 2009 through 2016. . << /Parent 14 0 R Holmes, Balwani, and Theranos also made false or misleading statements to investors about many aspects of Theranos' business, including the capabilities of its proprietary 144 0 obj /K 204 0 R endobj endobj /K 6 /P 171 0 R /P 271 0 R endobj /Tabs /S 98 0 obj endobj /Tabs /S /P 42 0 R /Lang (EN-US) /Pg 247 0 R /K 21 /MediaBox [0 0 612 792] /MediaBox [0 0 612 792] /K 198 0 R /K 3 >> She had a charisma to her; she was very articulate,Cheung saidof Holmes. endobj 29 0 obj /StructParents 16 endobj <> /P 324 0 R << /Pg 254 0 R endobj /K 10 /S /LBody /S /LI /P 349 0 R /P 48 0 R /S /LI /K 22 /MediaBox [0 0 612 792] /K 0 /StructParents 8 /K [26 397 0 R] 34 0 obj /P 8 0 R endobj /K 10 endobj << /P 8 0 R endobj /K 233 0 R /Pg 235 0 R /S /LI /K 10 << 275 0 obj /StructParents 17 Government inspectors who arrived at Theranos in response to Cheungs letter found conditions similar to those in the complaint. But what may be less intuitive is the effect that such optimism likely had on the ability of the companys senior leadership to consider the implications of their decisions and following actions. endobj 83 0 obj /MediaBox [0 0 612 792] /K 123 0 R In many ways, Theranos is the embodiment of Silicon Valley startup culture. /K 214 0 R 322 0 obj flagrantly vague and often outright untruthful statements. >> /Chart /Figure /K 22 /Contents [489 0 R 490 0 R 491 0 R] /Annots [] /P 378 0 R /P 336 0 R /K 15 /Tabs /S /S /P << /S /LBody /Lang (EN-US) endobj /Contents [477 0 R 478 0 R 479 0 R] >> /P 260 0 R /Pg 243 0 R /Pg 253 0 R /Lang (EN-US) << /Lang (EN-US) /Pg 238 0 R /P 54 0 R 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. /Pg 256 0 R /Pg 238 0 R 333 0 obj /Lang (EN-US) << 24 0 obj >> /Type /Page The defendants also represented that the analyzer could produce results that were more accurate and reliable than those yielded by conventional methodsall at a faster speed than previously possible. /S /LI >> 194 0 R null null null 195 0 R null null null 196 0 R null /Type /Page >> <> /K 22 /MediaBox [0 0 612 792] endobj /Lang (EN-US) >> /P 23 0 R endobj endobj << Holmes faces up to 20 years in prison. /Contents [429 0 R 430 0 R 431 0 R] >> /K 136 0 R >> /P 50 0 R >> /S /LBody <> Elizabeth Holmes arriving to . /S /L /S /LI 1. /S /LI >> << /Pg 256 0 R University Mission Statement. << /Pg 235 0 R << >> /P 48 0 R /P 8 0 R endobj 188 0 obj << /Lang (EN-US) /K 19 /Resources 448 0 R /Pg 258 0 R >> 142 0 obj endobj /S /LI /Creator (Acrobat PDFMaker 18 for Word) /Lang (EN-US) /S /LBody << /Pg 257 0 R 110 0 obj null null null null 168 0 R null null null 169 0 R null /P 348 0 R >> /Type /Page /S /LBody /Rotate 0 /P 59 0 R /Lang (EN-US) /MediaBox [0 0 612 792] >> /K 212 0 R /Parent 5 0 R 197 0 obj Morever, Holmes needs to grow a . /Lang (EN-US) 108 0 obj 64 0 obj The indictment describes a number of schemes that defendants allegedly employed to mislead investors, doctors, and patients. /Pg 257 0 R >> null null 220 0 R null null null 221 0 R null null] /Pg 250 0 R >> >> /K 10 /Type /MCR 215 0 obj /K 18 endobj /P 8 0 R /Pg 235 0 R /S /LBody << /K 18 /K 142 0 R Theranos Mission Statement. /CropBox [0 0 612 792] >> /Lang (EN-US) /P 51 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 << Read company statement regarding investor . 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 268 0 R 5 [null null 137 0 R null null null 138 0 R null null null endobj /MCID 2 $12,600 to the Democratic Party. /Pg 240 0 R /P 8 0 R /Pg 255 0 R /Lang (EN-US) /Resources 428 0 R /K 45 201 0 obj /K 19 << 252 0 obj >> << 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. endobj Holmes said she was inspired to start the company in response to her fear of needles. 153 0 obj << endobj /S /P /Lang (EN-US) /Lang (EN-US) 353 0 obj 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. 189 0 obj 362 0 obj endobj >> >> << null 233 0 R null null null 234 0 R null null 64 0 R 65 0 R /P 8 0 R /P 381 0 R >> For the small private firm, the publically traded company or the large enterprise vision, effort and determination needs to be firmly tied to the track - compliance. /S /LI endstream <> >> /StructParents 9 /Count 5 << The University recognizes the importance of its location in New York City and . >> /Lang (EN-US) /P 55 0 R /K 18 The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. /K 11 /Pg 248 0 R 245 0 obj /K 196 0 R >> /Lang (EN-US) endobj /K 5 281 0 obj /P 48 0 R 65 0 obj << 321 0 obj It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. /S /LI /Pg 235 0 R << /K 132 0 R /P 329 0 R << endobj >> /Lang (EN-US) << /Pg 239 0 R The story raised concerns about the accuracy of Theranos blood-testing technology, which put patients at risk of having conditions either misdiagnosed or ignored. 239 0 obj /S /P /P 380 0 R /K 202 0 R /Pg 235 0 R 196 0 obj /S /LI endobj endobj endobj Entrepreneurship lives in the realm of threading between the present and the future. /Pg 239 0 R /K 26 endobj /StructParents 3 /Tabs /S /P 269 0 R /Underline /Span /P 357 0 R /Pg 238 0 R /MCID 2 /Rotate 0 /K 187 0 R /S /LI Tech workers are using company mission statements to hold their CEOs accountable. /Pg 247 0 R /Pg 257 0 R /S /LI << >> 293 0 obj /Parent 14 0 R >> /P 339 0 R /K 16 >> << Mr. Balwani's lawyer started his opening statement by deflecting blame onto Ms. Holmes, who was the chief executive of Theranos. /Pg 257 0 R 361 0 obj endobj /S /LBody /S /P /K 6 /Pg 237 0 R We just didn't know what new form it would take. /S /P /Lang (EN-US) << /Lang (EN-US) /P 276 0 R /K 16 /K 10 320 0 obj << << endobj endobj endobj Powered and implemented byFactSet Digital Solutions. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. /Parent 11 0 R /S /LBody 117 0 R null null null 118 0 R null null] /Type /Page /K 5 /P 8 0 R << /Pg 235 0 R 30 0 obj >> /Parent 14 0 R 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. >> endobj /Type /Page << 56 0 obj /S /LI 32 0 obj >> /P 59 0 R << 14 0 obj /P 8 0 R Instead of sticking with them, Holmes and her team could have put an equal amount of energy and ingenuity into developing a safe user-friendly technique to draw the adequate amount of blood necessary. /Rotate 0 /Lang (EN-US) endobj /Lang (EN-US) /Pg 242 0 R 52 0 obj /Contents [457 0 R 458 0 R 459 0 R] Researchshows that unethical conduct is more likely when people are tempted with the opportunity to cheat on behalf of a good cause, and that cheaters may feel more at ease with their own behavior if they cheat on behalf of the common good. /K 179 0 R /K 7 164 0 obj /P 8 0 R /Lang (EN-US) << /P 312 0 R endobj << /P 50 0 R /CropBox [0 0 612 792] Holmes unflappability may have made it difficult for Theranos board members and prospective clients to raise or press on with the right questions at the right time. /S /P endobj /S /LI /K 32 The mission statement conveys no values such as honesty, transparency, or integrity. /P 8 0 R endobj /Lang (EN-US) 259 0 obj >> /P 392 0 R /P 50 0 R 131 0 obj 19 [null null 215 0 R null null null 216 0 R null null null /S /LI 173 0 obj /BBox [79.9440002441 274.9559936523 453.9599914551 398.8439941406] >> /S /P /S /LI << endobj endobj /Endnote /Note /Pg 241 0 R endobj endobj << endobj /Lang (EN-US) 3553. 39 0 obj /S /LBody /P 59 0 R /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 endobj 80 0 obj endobj 35 0 obj /Annots [] /P 3 0 R /K 18 /Lang (EN-US) . /CropBox [0 0 612 792] /Pg 237 0 R 304 0 obj endobj /Resources 492 0 R >> >> Northern District of California, FOR IMMEDIATE RELEASEFriday,June 15, 2018, Elizabeth Holmes and Ramesh Sunny Balwani Are Alleged to Have Perpetrated Multi-million Dollar Schemes to Defraud Investors, Doctors, and Patients. /Pg 258 0 R /S /L >> endobj endobj 369 0 obj /S /LI endobj endobj /Pg 235 0 R /Rotate 0 >> >> << endobj endobj /Tabs /S /Parent 11 0 R 398 0 obj Competitors of Theranos include Bloomberg, Morgan Stanley, and National Journal. 180 0 obj /Contents [445 0 R 446 0 R 447 0 R] 86 0 obj << >> endobj endobj >> << /S /P 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. endobj endobj /Filter /FlateDecode /CropBox [0 0 612 792] /S /LI /Lang (EN-US) /S /LI endobj /S /P endobj /S /LBody endobj /P 331 0 R The once-lauded businesswoman ultimately stepped down from the company, which announced in Sept. 2018 it would be closing. /Subscript /Span /Pg 253 0 R 5 0 obj endobj << Mutual Fund and . /Lang (EN-US) /S /LI /Pg 250 0 R While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. /K 11 /Pg 240 0 R >> << /S /LI Theranos dissolved in September 2018 and founder Elizabeth Holmes now faces up to 20 years in prison for fraud and conspiracy. endobj /K 154 0 R At times during that period, Balwani worked in several capacities including as a member of the companys board of directors, as its president, and as its chief operating officer. /P 364 0 R 70 0 obj 199 0 R null null] /S /LBody /P 354 0 R << /S /LI 12 [null null null 172 0 R null null null null 173 0 R null /Tabs /S /Parent 13 0 R 10 0 obj /K 6 /P 281 0 R endobj /Pg 251 0 R >> 47 0 obj /S /LI 325 0 obj It included jury selection, opening statements, released text messages, and an unexpected . << << >> /Type /Page Once a strong believer in Theranos' mission, Mattis testified that he eventually realized the Holmes had misled him with empty promises. /Parent 14 0 R endobj /P 50 0 R /Pg 240 0 R % Starbucks: Inspire and nurture the human spirit - one person, one cup and one neighborhood at a time. 20 [null null 221 0 R null null null 222 0 R null null 56 0 R /K 158 0 R << 380 0 obj /K 10 279 0 obj >> /K 10 << << >> 148 0 obj <> /Pg 235 0 R /Pg 255 0 R stream An indictment merely alleges that crimes have been committed, and the defendants are presumed innocent until proven guilty beyond a reasonable doubt. << endobj >> >> endobj /Lang (EN-US) /S /P >> endobj /Pg 235 0 R >> << /Lang (EN-US) endobj GET FOX BUSINESS ON THE GO BY CLICKING HERE. /P 48 0 R /Pg 247 0 R uuid:08e7f9c5-06b3-4447-b9e6-d8f448ec8b85 /K 148 0 R None of the information on this page has been provided or approved by Theranos. 286 0 obj endobj /S /P /Resources 476 0 R 3480 >> /S /LBody /S /P >> >> >> 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. /Parent 14 0 R << >> << endobj null null 142 0 R null null null 143 0 R null null] /Subtype /XML >> 276 0 obj /K 134 0 R /P 48 0 R endobj /P 63 0 R /K 8 Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives.". /K 15 /S /L << 273 0 obj endobj << Learn about working at Theranos from employee reviews and detailed data on culture, salaries, demographics, management, financial, and more. << >> The prosecution is the result of an investigation by the FDA Office of Criminal Investigations, the FBI, and the US Postal Inspection Service.