Theranos

E459893

Theranos was a now-defunct health technology company founded by Elizabeth Holmes that became infamous for falsely claiming to revolutionize blood testing and for its central role in a major corporate fraud scandal.

All labels observed (3)

Label Occurrences
Theranos canonical 13
Theranos scandal 1
rise and fall of Theranos 1

How this entity was disambiguated

Statements (61)

Predicate Object
instanceOf defunct company ⓘ
health technology company ⓘ
privately held company ⓘ
accusation massive fraud ⓘ
misleading investors ⓘ
misleading patients and doctors ⓘ
using conventional analyzers while claiming proprietary technology ⓘ
boardMember Bill Frist ⓘ
George Shultz ⓘ
linked to: George P. Shultz

Henry Kissinger ⓘ
linked to: Henry A. Kissinger

James Mattis ⓘ
linked to: James N. Mattis

Richard Kovacevich ⓘ
Riley P. Bechtel ⓘ
Sam Nunn ⓘ
William Perry ⓘ
businessModel centralized laboratory testing using proprietary devices ⓘ
claimedTechnology Edison blood-testing device ⓘ
finger-prick blood testing ⓘ
CMSAction revocation of California lab license ⓘ
two-year ban on operating a lab ⓘ
coFoundedBy Ramesh "Sunny" Balwani ⓘ
linked to: Sunny Balwani
country United States ⓘ
dissolutionDate 2018 ⓘ
employeeCountAtPeak over 800 employees ⓘ
foundedBy Elizabeth Holmes ⓘ
foundingDate 2003 ⓘ
headquartersLocation Palo Alto, California ⓘ
Silicon Valley ⓘ
industry healthcare technology ⓘ
medical diagnostics ⓘ
investorType high-net-worth individuals ⓘ
venture capital firms ⓘ
keyPerson Elizabeth Holmes ⓘ
Ramesh "Sunny" Balwani ⓘ
linked to: Sunny Balwani
legalOutcome SEC settlement with Theranos and Elizabeth Holmes in 2018 ⓘ
company agreed to dissolve ⓘ
liquidation assets distributed to creditors ⓘ
majorPartner Safeway ⓘ
Walgreens ⓘ
mediaCoverage extensive coverage in major U.S. and international media ⓘ
nameEtymology portmanteau of "therapy" and "diagnosis" ⓘ
notableEvent CMS sanctions against its laboratory in 2016 ⓘ
SEC civil fraud charges in 2018 ⓘ
Wall Street Journal investigative reports in 2015 ⓘ
criminal fraud charges against executives in 2018 ⓘ
notableFor corporate fraud scandal ⓘ
false claims about revolutionary blood tests ⓘ
originalName Real-Time Cures ⓘ
positionHeld Elizabeth Holmes – founder and CEO ⓘ
linked to: Elizabeth Holmes

Ramesh "Sunny" Balwani – president and COO ⓘ
regulatoryBodyInvolved Centers for Medicare & Medicaid Services ⓘ
Securities and Exchange Commission ⓘ
U.S. Department of Justice ⓘ
U.S. Food and Drug Administration ⓘ
renamedTo Theranos ⓘ
status shut down ⓘ
subjectOf HBO documentary "The Inventor: Out for Blood in Silicon Valley" ⓘ
Hulu miniseries "The Dropout" ⓘ
book "Bad Blood: Secrets and Lies in a Silicon Valley Startup" ⓘ
unicornStatus yes ⓘ
valuation about 9 billion US dollars at peak ⓘ

How these facts were elicited

Referenced by (15)

Full triples — surface form annotated when it differs from this entity's canonical label.

The Dropout → portrays → Theranos ⓘ
Avie Tevanian → boardMemberOf → Theranos ⓘ
Taylor Dunn → subjectOfWork → rise and fall of Theranos ⓘ
linked to: Theranos
The Dropout → basedOn → Theranos scandal ⓘ
subject linked to: Taylor Dunn
linked to: Theranos
The Dropout → mainSubject → Theranos ⓘ
subject linked to: Taylor Dunn
Elizabeth Holmes → founded → Theranos ⓘ
Sunny Balwani → employer → Theranos ⓘ
Theranos → renamedTo → Theranos ⓘ
Rebecca Jarvis → coveredTopic → Theranos ⓘ
The Dropout → mainSubject → Theranos ⓘ
subject linked to: Victoria Thompson
The Dropout → subject → Theranos ⓘ
subject linked to: ABC News podcast The Dropout