theranos mission statementmicah morris golf net worth
6 0 obj 2 [null null 119 0 R null null null 120 0 R null null 41 0 R >> /K 10 Ad Choices, Theranos founder Elizabeth Holmes on trial as jury selection begins, Theranos downfall due to elaborate $4M conspiracy, investor says. /Creator (Acrobat PDFMaker 18 for Word) /Contents [449 0 R 450 0 R 451 0 R] endobj 19 0 obj 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. << /K 219 0 R /Pg 247 0 R /Contents [437 0 R 438 0 R 439 0 R] /Rotate 0 /P 8 0 R /StructParents 22 /K 209 0 R 151 0 obj << endobj /S /LI /K 201 0 R /S /P >> /P 364 0 R << /K 10 endobj /Pg 238 0 R /MCID 2 /K 110 0 R /Pg 235 0 R Peter DaSilva/Reuters. /K 202 0 R << 291 0 obj 126 0 obj /Type /Page /K 205 0 R Entrepreneurship lives in the realm of threading between the present and the future. /P 347 0 R /S /LI /Lang (EN-US) /S /LI >> << 66 0 obj >> endobj 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. endobj << 156 0 obj << endobj 56 0 obj +1 (202) 442-3507. /K 185 0 R << endobj /S /LBody 299 0 obj Theranos is a now-defunct healthcare technologystartup founded by disgraced Stanford drop-out Elizabeth Holmes. /S /LI << >> /P 353 0 R >> >> /Subscript /Span 274 0 obj /K 6 The next witness was Erika Cheung, who was hired by Theranos out of undergrad as a lab associate. endobj 1 [null null 115 0 R null null null 116 0 R null null null /Lang (EN-US) /Lang (EN-US) That journey ended not, as it could have been, when the promises of its vision delivered their potential, but it ended when somebody, finally, brought reality into the picture. 270 0 obj /P 8 0 R 275 0 obj /K 14 /S /P /P 44 0 R << /Pg 251 0 R /S /LI /S /LBody /Lang (EN-US) << endobj /Kids [235 0 R 236 0 R 237 0 R 238 0 R 239 0 R] /Contents [485 0 R 486 0 R 487 0 R] /P 293 0 R The data presented on this page does not represent the view of Theranos and its employees or that of Zippia. >> 61 0 obj /S /LI /StructParents 17 /S /LI 95 0 obj /Tabs /S The defendants also represented to investors that Theranos would generate over $100 million in revenues and break even in 2014 and that Theranos expected to generate approximately $1 billion in revenues in 2015 when, in truth, the defendants knew Theranos would generate only negligible or modest revenues in 2014 and 2015. /CropBox [0 0 612 792] /Parent 13 0 R endobj /S /LI /Lang (DE-DE) /K 26 >> endobj 225 0 obj 30 0 obj 8 0 obj /Lang (EN-US) endobj >> << >> 372 0 obj >> >> /P 51 0 R << /P 48 0 R /P 332 0 R null null 136 0 R null null null 137 0 R null null] 2 0 obj /K 215 0 R /S /LI << endobj /P 50 0 R Its not uncommon for startups to lose money in their early years, and its not entirely unusual for the fastest burn rate to happen right before things turn around. /StructParents 11 Theranos wanted to make detailed blood sample analysts accessible to all doctors in a timely manner. >> endobj /S /LI /S /P >> /Lang (EN-US) >> >> Heinz and Kraft Foods. 21 [60 0 R 61 0 R 62 0 R null null 229 0 R null null null 230 0 R /Pg 235 0 R /K 1 << The FDA would like to extend our thanks to our federal law enforcement partners for sending a strong message to Theranos executives and others that these types of actions will not be tolerated, said Catherine A. Hermsen, Acting Director, FDA Office of Criminal Investigations. The indictment charges each defendant with two counts of conspiracy to commit wire fraud, in violation of 18 U.S.C. /MediaBox [0 0 612 792] /P 50 0 R /S /P /K 228 0 R /K 6 /Pg 237 0 R /S /LI /Lang (EN-US) endobj >> >> /K 21 /K 6 84 0 obj 396 0 obj 282 0 obj 158 0 obj /P 376 0 R /P 50 0 R 281 0 obj >> GET FOX BUSINESS ON THE GO BY CLICKING HERE. /Pg 250 0 R << 354 0 obj /P 337 0 R >> >> 359 0 obj /P 370 0 R /Lang (EN-US) /Pg 244 0 R endobj 114 0 obj /Type /Page /Kids [245 0 R 246 0 R 247 0 R 248 0 R 249 0 R] >> /StructParents 13 This is how Theranos's huge valuation was birthed and where a critical legal problem lies. /Lang (EN-US) /K 18 endobj endobj endobj endobj /Rotate 0 /S /P /P 51 0 R 173 0 obj /P 63 0 R << 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 . /Lang (EN-US) << endobj endobj << /Lang (EN-US) endobj /P 278 0 R << /S /LBody >> 332 0 obj 381 0 obj /K [15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 24 0 R 277 0 obj << /Pg 255 0 R /K 28 /P 280 0 R << /P 372 0 R 259 0 obj /Pg 236 0 R /P 48 0 R /S /LBody 43 0 obj /K 26 << << 214 0 obj /Pg 235 0 R /K 145 0 R 352 0 obj /P 51 0 R endobj /K 170 0 R /K 34 26 0 obj /Pg 248 0 R 302 0 obj << endobj /P 286 0 R 293 0 obj /Pg 256 0 R /Pg 235 0 R /Parent 11 0 R /S /LI 323 0 obj << >> /Tabs /S /Pg 250 0 R /S /LBody 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. 399 0 obj >> /Pg 239 0 R As years went by, whenever employees or experts raised warnings . /Tabs /S >> /P 54 0 R /P 355 0 R >> /Diagram /Figure >> /CropBox [0 0 612 792] >> Those biases can be understood as the blindness brought about by what seems preeminently important, the righteousness generated by what sounds inherently right, the operational myopia triggered by what is situated far away from us and the sense of potency derived from endeavoring to create something new. << endobj 7 [null null 147 0 R null null null 148 0 R null null null << Holmes dropped out of Stanford University at 19 to start the medical diagnostics company in 2003. 87 0 obj >> /K 146 0 R /P 267 0 R 245 0 obj 244 0 obj Early on, experts inside and outside of the company questioned the technology. << /S /LI /S /P endobj /Parent 5 0 R /MediaBox [0 0 612 792] /Lang (EN-US) /S /P << endobj Palantir has . /K 194 0 R /S /P >> << /Lang (EN-US) endobj >> Theranos, Inc. is a consumer health technology company founded in 2003 by Elizabeth Holmes. /S /P /P 51 0 R Former Theranos board member and former Secretary of Defense James "Mad Dog" Mattis testified last week in the criminal trial of former Theranos CEO Elizabeth Holmes. /K 8 0 R endobj /S /P /Pg 235 0 R /K 6 endobj /P 346 0 R 388 0 obj >> << /K [30 396 0 R] endobj /K 18 endobj endobj 305 0 obj /S /L 292 0 obj /Contents [465 0 R 466 0 R 467 0 R] << /Lang (EN-US) /Pg 247 0 R /K 6 /Pg 235 0 R endobj 25 0 obj /S /LBody /Pg 242 0 R Balwani . /Annots [] << 286 0 R 287 0 R 288 0 R 289 0 R 290 0 R 291 0 R 292 0 R 293 0 R 294 0 R 295 0 R /Pg 256 0 R 182 0 obj /K 183 0 R /K [368 0 R 369 0 R 370 0 R 371 0 R 372 0 R 373 0 R] Starbucks: Inspire and nurture the human spirit - one person, one cup and one neighborhood at a time. /Nums [0 [15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 94 0 R /P 55 0 R /Pg 242 0 R >> /K 19 /P 283 0 R /S /L << 2018-03-14T08:41:27-07:00 /K 203 0 R >> /P 8 0 R << >> 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. /P 8 0 R /S /LBody Theranos dissolved in September 2018 and founder Elizabeth Holmes now faces up to 20 years in prison for fraud and conspiracy. /S /P >> /P 8 0 R endobj /Type /MCR << /S /P 320 0 obj /P 55 0 R 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. /Parent 14 0 R /S /LBody /K 22 endobj << endobj << /P 341 0 R >> Claiming and updating your company profile on Zippia is free and easy. Forbes has since . endobj endobj << >> /K 161 0 R endobj /Pg 238 0 R /K 221 0 R /P 8 0 R endobj << Learn about working at Theranos from employee reviews and detailed data on culture, salaries, demographics, management, financial, and more. /Lang (EN-US) /K 125 0 R /P 50 0 R /K 14 endobj /Lang (EN-US) >> 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 /P << >> /Type /StructTreeRoot /Pg 248 0 R >> /P 270 0 R endobj >> /Lang (EN-US) /Lang (EN-US) We just didn't know what new form it would take. 268 0 obj /Pg 253 0 R /K 261 0 R 139 0 R null null null 140 0 R null null null 141 0 R null << 133 0 R null null null 134 0 R null null null 135 0 R null /Lang (EN-US) /P 166 0 R /S /LI /S /LI /S /LI /Lang (EN-US) 385 0 obj endobj /K 14 /K 260 0 R /K 390 0 R endobj An indictment merely alleges that crimes have been committed, and the defendants are presumed innocent until proven guilty beyond a reasonable doubt. /Resources 412 0 R /Rotate 0 /Pg 248 0 R << Theranosonce valued at approximately $10 billionis no more. /K 121 0 R null] 360 0 obj /P 48 0 R >> 2018-03-14T09:02:10-07:00 /Lang (EN-US) /P 321 0 R /S /LBody >> /Annots [] $12,600 to the Democratic Party. endobj /K 33 /P 48 0 R /Pg 235 0 R /Chart /Figure /K 132 0 R 63 0 obj >> Did you ever provide financial projections to investors? Robert Leach, an assistant US attorney,asked Yam. /Pg 245 0 R 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. << >> We searched far and wide for the best company mission statement examples. /S /P /K 10 << /S /P /P 369 0 R /Pg 247 0 R 188 0 obj /Annots [] 7 0 obj >> /S /LI In the age of corporate purpose, the mission statement serves as a reminder of why an organization exists. 272 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 While some are vague affirmations, others can sharpen employees' minds and give them a sense of identity and belonging. /Lang (EN-US) Prosecutors Call Theranos Ex-CEO Elizabeth Holmes A Liar And A Cheat As Trial Opens Defense lawyers say Holmes believed the company could screen for hundreds of diseases with just a finger prick . /P 365 0 R endobj 368 0 obj >> "I was taken with the idea . >> /Pg 235 0 R << /Lang (EN-US) /MCID 2 44 0 obj /StructParents 2 endobj /P 50 0 R 395 0 obj It included jury selection, opening statements, released text messages, and an unexpected . >> << /P 50 0 R /S /LI /Parent 14 0 R There are at least four biases that can let a belief about a desired future state shape reality despite its disconnectedness from reality. endobj /K 188 0 R The Theranos story has been turned into an HBO . 98 0 obj /S /LI << /Pg 240 0 R >> >> >> endobj /S /P >> Todays indictment alleges that through their company, Theranos, CEO Elizabeth Holmes and COO Sunny Balwani not only defrauded investors, but also consumers who trusted and relied upon their allegedly-revolutionary blood-testing technology., This indictment alleges a corporate conspiracy to defraud financial investors, said Special Agent in Charge Bennett. 9 [null null 157 0 R null null null 158 0 R null null null >> >> /P 8 0 R /Pg 255 0 R 70 0 obj /K 6 << /P 8 0 R /Rotate 0 /P 8 0 R endobj /S /LBody The indictment further alleges that Holmes and Balwani knew that many of their representations about the analyzer were false. The Associated Press contributed to this report. While working at Theranos, Cheung sent an email to others in the company, sharing her concerns about the Edison machines. 309 0 obj /S /LBody /S /P /Pg 239 0 R >> endobj But constantly focusing on a desired future state may have the effect of giving extra highlight to the positives of a distant vision at the expense of the operational challenges that are taking place in the here and now. << endobj >> endobj /P 316 0 R << In 2013, things had "started to get a bit tight," Yam said. >> /P 42 0 R /P 271 0 R << /P 8 0 R 383 0 obj /StructParents 19 /S /LBody /S /LBody /K 12 /P 48 0 R D:20180314151216 /S /LI /Rotate 0 endobj >> /Pg 245 0 R /P 55 0 R endobj 283 0 obj /Pg 257 0 R /Contents [481 0 R 482 0 R 483 0 R] /P 330 0 R 180 0 R null null null 181 0 R null null null 182 0 R null 55 0 obj endobj Follow Mike Snider on Twitter:@mikesnider. << /P 279 0 R /K 198 0 R << >> 317 0 obj /P 275 0 R /S /LI >> /K 0 /Parent 11 0 R >> >> /K 22 /Lang (EN-US) << << /P 8 0 R /Pg 244 0 R In November 2022, Holmes was sentenced to 135 months in prison for defrauding investors in the failed Silicon . /K [32 382 0 R] /Lang (EN-US) << >> -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. . /P 339 0 R << /S /LBody endobj /P 8 0 R /S /LI << 241 0 obj /Pg 258 0 R /P 59 0 R 207 0 obj >> /Lang (EN-US) >> /Resources 452 0 R Elizabeth Holmes arriving to . /S /LBody /P 303 0 R >> /Pg 249 0 R /K [380 0 R 381 0 R] /P 322 0 R /K 217 0 R >> 227 0 obj /S /P endobj 239 0 obj /Tabs /S /S /LI /K [349 0 R 350 0 R 351 0 R 352 0 R 353 0 R] /K 16 /Pg 235 0 R << endobj /P 268 0 R endobj /Resources 476 0 R endobj /Lang (EN-US) /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." << >> << >> endobj /P 42 0 R Holmes rocketed to Silicon Valley stardom nearly a decade ago when she started speaking publicly about Theranos's vision a small . << 171 0 R null null] 159 0 obj >> endobj /P 300 0 R /Contents [398 0 R 399 0 R 400 0 R 401 0 R 402 0 R 403 0 R 404 0 R 405 0 R 406 0 R 407 0 R] 167 0 obj >> /K [28 391 0 R] /Pg 250 0 R /Pg 235 0 R It then allegedly used those articles to generate financial interest. /K 234 0 R >> /Lang (EN-US) /K 35 195 0 obj /Pg 243 0 R >> 314 0 obj 219 0 obj /S /LBody >> 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. endobj << /Pg 244 0 R endobj << The effects of cheating in the service of good are not only treacherous for those who cheat, but also for those who interact and deal with the cheaters. << << /Pg 243 0 R /K 2 << This district, led by Silicon Valley, is at the center of modern technological innovation and entrepreneurial spirit; capital investment makes that possible. /Pg 235 0 R /K 2 /S /LI << endobj >> endobj /S /LI /S /LBody 35 0 obj /P 8 0 R Powered and implemented byFactSet Digital Solutions. /K [8 94 0 R] /P 281 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. /S /LI 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. 140 0 obj /Rotate 0 endobj >> << /P 8 0 R /K 6 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. /Type /MCR 4 [null null 131 0 R null null null 132 0 R null null null >> /Pg 257 0 R /P 51 0 R /S /LI /P 297 0 R /P 367 0 R endobj 226 0 obj >> 138 0 obj 327 0 obj /Resources 488 0 R endobj /Pg 235 0 R /Pg 258 0 R /P 50 0 R 201 0 obj 269 0 obj /Pg 253 0 R The University recognizes the importance of its location in New York City and . << endobj >> /P 327 0 R 288 0 obj /SourceModified (D:20180314151216) << /P 366 0 R endobj >> /MCID 2 endobj /K 9 /Pg 256 0 R /P 50 0 R /MediaBox [0 0 612 792] /DropCap /Figure /Lang (EN-US) /P 8 0 R << /K 18 << 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. /Rotate 0 /Pg 235 0 R 355 0 obj /S /LBody endobj 69 0 obj /K 177 0 R 113 0 obj >> 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 /Type /Page /P 8 0 R /Lang (EN-US) /StructParents 12 /P 296 0 R >> /P 51 0 R /K 45 /K 115 0 R >> << << >> 369 0 obj << << 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, . endobj /Pg 239 0 R /StructParents 7 /K 5 They are also attracted by the fact that behind the innovation and entrepreneurship are rules of law that require honesty, fair play, and transparency. null] /P 265 0 R endobj endobj endobj << endobj /Parent 14 0 R /K 1 12 [null null null 172 0 R null null null null 173 0 R null >> 35 0 R 36 0 R 37 0 R 38 0 R 39 0 R 40 0 R 41 0 R 42 0 R 43 0 R 44 0 R >> /P 23 0 R /Pg 246 0 R /Pg 239 0 R endobj ", EX-THERANOS CEO ELIZABETH HOLMES PROVIDING OWN DEFENSE IN CIVIL SUIT: REPORT. >> 223 0 obj >> 348 0 obj /K 14 /Lang (EN-US) Balwani, 53, of Atherton, Calif., was employed at Theranos from September of 2009 through 2016. /Outline /Span /P 350 0 R /P 8 0 R /Resources 420 0 R /S /LI /Lang (EN-US) endobj /S /LBody Morever, Holmes needs to grow a . 258 0 obj null null 214 0 R null null] /P 379 0 R /P 59 0 R << >> Cheungs testimony continues today. The company's stated mission was to "revolutionize medical laboratory testing," according to the Department of Justice. /Lang (EN-US) Doctors began using Theranos testing devices to diagnose patients and dispense medical advice. /Length 502 0 R /Contents [473 0 R 474 0 R 475 0 R] endobj 343 0 obj >> 90 0 obj >> >> /P 33 0 R << /P 55 0 R /P 51 0 R To conduct any kind of research for any company in any industry. endobj << 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. << /S /LBody /Pg 256 0 R Zippia gives an in-depth look into the details of Theranos, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Theranos. 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.". /Type /Page endobj endobj << /S /LBody endobj 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. /S /LI /CropBox [0 0 612 792] >> /P 299 0 R /K 2 . /MediaBox [0 0 612 792] << /K 192 0 R /Lang (EN-US) << endobj endobj endobj endobj >> /K 31 315 0 obj /Contents [433 0 R 434 0 R 435 0 R] /MediaBox [0 0 612 792] endobj /S /LBody << endobj 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. endobj /S /P /K 130 0 R << endobj 229 0 obj >> /S /LI endobj /P 389 0 R endobj /Lang (EN-US) This is why accounts about Theranos willingness to circumvent FDA rules and requirements, among other things, or legitimate due diligence requests made by potential clients is disconcerting yet unsurprising. 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R >> >> /P 302 0 R /P 50 0 R /StructParents 1 Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20) and Ars Technica Addendum (effective 8/21/2018). endobj /Lang (EN-US) /Lang (EN-US) /P 8 0 R /K 179 0 R endobj >> << /K 21 76 0 obj 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 /LBody >> endstream endobj /Type /MCR 208 0 obj endobj /Lang (EN-US) /MediaBox [0 0 612 792] /Lang (EN-US) /Lang (EN-US) >> /Pg 254 0 R /S /LI /K 187 0 R >> /S /P << 389 0 obj The startup was founded in Feb. 2014, was headquartered in Palo Alto, Calif., according to Bloomberg. /S /LBody /Pg 249 0 R /Contents [477 0 R 478 0 R 479 0 R] The indictment alleges that the defendants used a combination of direct communications, marketing materials, statements to the media, financial statements, models, and other information to defraud potential investors. << 134 0 obj /Contents [489 0 R 490 0 R 491 0 R] >> The tests performed on Theranos technology, in addition, were likely to contain inaccurate and unreliable results. >> Both defendants appeared today before U.S. Magistrate Judge Susan van Keulen for their initial appearances. >> 364 0 obj /S /LI endobj The collaborative investigative work on this case conducted by Postal Inspectors, our law enforcement partners, and the United States Attorneys Office illustrates our efforts to protect both consumers and investors., The Indictment Alleges That Doctors And Patients Were Defrauded. << << << Holmes said in the recent court filing, she had planned to attend a wedding of close friends in Mexico and theticket was canceled immediately when the governmentraised the issue. But Theranos shared very little about its blood-testing machine with the public or medical community. 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 48 0 R null 110 0 R null null null 111 0 R null 112 0 R null 113 0 R endobj 161 0 obj /Lang (EN-US) /K 140 0 R /Pg 248 0 R << endobj endobj 397 0 obj /Pg 237 0 R >> 37 0 obj endobj 284 0 obj endobj Adobe PDF Library 15.0; modified using iText 2.1.7 by 1T3XT /Pg 241 0 R >> >> 10 0 obj 338 0 obj /S /LBody /K 14 He . << The indictment alleges Holmes and Balwani defrauded doctors and patients by making false claims concerning Theranoss ability to provide accurate, fast, reliable, and cheap blood tests and test results, and through omissions concerning the limits of and problems with Theranoss technologies. /S /P Mission statements, where crafted and utilized effectively, have been proven to drive billions of dollars in corporate value. /P 48 0 R An official website of the United States government. /S /LI /Type /Page >> >> /Pg 244 0 R Mission Statement. Acrobat PDFMaker 18 for Word >> 157 0 obj 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. /P 392 0 R /P 55 0 R /S /LBody endobj >> The boundless part of her visioning deserves extra attention. /Parent 14 0 R /P 50 0 R /P 8 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 . /K 14 /Pg 235 0 R /P 50 0 R >> 3553. >> /Rotate 0 143 0 obj /P 331 0 R /Pg 248 0 R /S /P >> /MediaBox [0 0 612 792] /K 207 0 R /P 269 0 R /K [111 0 R 112 0 R 113 0 R 114 0 R] 15 0 obj 105 0 obj >> >> Theranos founder and CEO Elizabeth Holmes speaks at the Fortune Global Forum in San Francisco, California, on Monday, Nov. 2, 2015. /Pg 243 0 R /Pg 235 0 R null null 191 0 R null null null 192 0 R null null] /S /LBody endobj /Pg 235 0 R 150 0 obj 203 0 obj /K 31 << /K 20 Initially she funded Real-Time Cures with her co. /Type /MCR /Lang (EN-US) /P 55 0 R /K 123 0 R /S /LBody endobj /K 14 >> /P 326 0 R /S /P 80 0 R 81 0 R 82 0 R] 205 0 obj >> /S /P /MediaBox [0 0 612 792] << OUR MISSION listen to our readers and cover the topics that matter to them . endobj /Parent 11 0 R /Annots [] /S /P << /Type /Page << endobj 337 0 obj overstating the extent of Theranos' relationships with commercial partners and government entities, to whom they had also made misrepresentations . /P 51 0 R 64 0 obj /Lang (EN-US) 382 0 obj 273 0 obj /Lang (EN-US) << /P 380 0 R >> endobj /Lang /Pg 240 0 R << >> 165 0 obj endobj /Pg 249 0 R /Lang (EN-US) /S /LBody << /Lang (DE-DE) /P 290 0 R /Pg 258 0 R << /K 5 /P 272 0 R 341 0 R 342 0 R 343 0 R 344 0 R 345 0 R 346 0 R 347 0 R 348 0 R] /MCID 2 /K 14 >> /P 354 0 R /S /P /S /P /Lang (EN-US) flagrantly vague and often outright untruthful statements. << << 72 0 obj /S /LI /S /LI 5 [null null 137 0 R null null null 138 0 R null null null /K 5 /Pg 242 0 R /MCID 2 /Parent 12 0 R /K 3 /K 3 68 0 obj 49 0 obj 197 0 obj /P 381 0 R endobj /Lang (EN-US) /K 10 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. . /Annots [] endobj 104 0 obj endobj >> << /Pg 257 0 R 221 0 obj /Parent 12 0 R >> 154 0 R null null null 155 0 R null null null 156 0 R null /Lang (EN-US) /Lang (EN-US) /Rotate 0 << 185 0 R null null] Subscribe to our channelhttp. << /Parent 12 0 R /K 4 204 0 obj /S /P /Rotate 0 /Type /Metadata /Pg 257 0 R endobj /S /P /P 48 0 R null null 142 0 R null null null 143 0 R null null] Elizabeth Holmes donated endobj /Pg 235 0 R /K 175 0 R /Pg 236 0 R << endobj Terry Masson (Founder and Chief Executive Officer). 82 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. >> endobj The mission statement conveys no values such as honesty, transparency, or integrity. Most of the tests that Theranos was performing for clients were done on devices made by other companies, Cheung testified. << >> /Lang (EN-US) /K 226 0 R /K 21 She now has "two very young children hertoddler and an infant," according to a recent court filing.
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theranos mission statement