Elizabeth Holmes, From Blood Test to Facing Prison
In twenty thirteen. Abc news correspondent. Rebecca jarvis was working on a story about high medical costs and we featured a woman who was spending a lot of money on blood tests and after that story ran. Rebecca got a pitch about a new start-up. Hey there's this blood testing company theranos and they can save your viewers a lot of money. She checked it out but couldn't get anyone to independently verify that these theranos blood tests which only used a finger prick and not a traditional vein. Stick we're actually going to be better and cheaper. It was one of those things where This just it. It doesn't fully lineup. it doesn't live up to what it would take for me to even consider covering it as a solution. So rebecca did news story but other reporters did and then shortly after that pitch elizabeth started showing up in all of these places and was very much a celebrity. Elizabeth was elizabeth homes stanford dropout their nose founder and ceo millionaire superstar and media. Darling elizabeth homes left stanford university at the age of nineteen to build a company. A healthcare pioneer is being compared to visionaries like bill gates and steve jobs this morning elizabeth homes is part of the news. Time one hundred list just out. Homes promised to revolutionize blood testing. She was young rich charismatic and seemingly everywhere whenever there's a quote unquote glass ceiling. There's an iron woman rape behind it but the theranos blood testing devices didn't work like they were supposed to. The company was secretly running patient tests on standard commercial machines even as they doctors patients and the media otherwise there nose founder. Elizabeth homes has now officially been indicted on federal wire. Fraud charges the us turning twenty eighteen. The united states filed criminal charges against her and her former. Ceo and boyfriend sunny belt wani next week three years. After she was first indicted homes goes on trial for conspiracy and fraud. She faces up to twenty years in prison and has pleaded not guilty.