theranos mission statement theranos mission statement

endobj 263 0 obj /S /LBody /Subscript /Span /S /P 345 0 obj >> /K 183 0 R /Tabs /S 219 0 obj endobj >> About us Our mission is to make actionable information accessible to everyone at the time it matters. >> >> /Lang (EN-US) << 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. /Tabs /S 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. /S /P /S /LI Elizabeth Holmes speaks during a Bloomberg, Television interview at the Vanity Fair 2015 New Establishment Summit in San Francisco, on Oct. 6, 2015. /Resources 412 0 R >> /P 8 0 R /P 354 0 R /S /LI /Contents [433 0 R 434 0 R 435 0 R] /K 137 0 R >> /ITXT (2.1.7) /StructParents 4 >> To conduct any kind of research for any company in any industry. /Pg 255 0 R endobj >> << /P 39 0 R >> >> /Tabs /S << Connor Radnovich/The Chronicle. /S /LI /P 50 0 R << endobj endobj << endobj /K 2 /P 310 0 R /Pg 235 0 R >> /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 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. /Pg 235 0 R 23 0 obj /Pg 254 0 R << 235 0 obj /Pg 245 0 R Theranos founder Elizabeth Holmes, now a mother of two,is asking to delay her11-year sentence for felony fraud so she can be at home with her two young children while she appeals theconviction. Theranos is ranked #71 on the Best Start-up Companies to Work For in America list. For example, the defendants represented to investors that Theranos conducted its patients tests using Theranos-manufactured analyzers; when, in truth, Holmes and Balwani knew that Theranos purchased and used for patient testing third party, commercially-available analyzers. /Lang (EN-US) 84 0 obj . Theranos CEO Elizabeth Holmes on her company and the landscape of U.S. diagnostic-lab industry. /K 3 /Lang (EN-US) With /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 << >> /K [26 388 0 R] >> 75 0 obj /P 263 0 R 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 /Lang (EN-US) Elizabeth Holmes blue eyes and baritone voice, her, albeit incomplete, Stanford credentials and well-crafted life narrative were the perfect exterior to a dream-come-true vision of a better future for millions of people. endobj /Contents [461 0 R 462 0 R 463 0 R] >> Best Companies to Work for in Palo Alto, CA, Best Start-up Companies to Work For in America, Best Health Care Companies to Work For in California, Best Start-up Companies to Work For in California, Best Companies to Work For in Palo Alto, CA, Best Health Care Companies to Work For in Palo Alto, CA, Best Start-up Companies to Work For in Palo Alto, CA. /K 19 << 343 0 obj << /K 6 << /MediaBox [0 0 612 792] << /Annots [] /Tabs /S /Contents [449 0 R 450 0 R 451 0 R] << /P 260 0 R uuid:08e7f9c5-06b3-4447-b9e6-d8f448ec8b85 3 min read. /Rotate 0 /S /LI >> /S /P 234 0 obj endobj Theranos was a private health care company, with a mission to revolutionize lab testing through innovative methods for drawing blood, testing blood, and interpreting resulting patient data. 216 0 obj endobj CNMN Collection 399 0 obj Assistant U.S. /K 10 endobj University Mission Statement. 101 0 obj /K 31 << /S /P >> /Lang (EN-US) endobj endobj Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives.". 201 0 obj >> << /Contents [453 0 R 454 0 R 455 0 R] << /Pg 237 0 R Forbes has since . 280 0 obj 316 0 obj << /K 14 >> /Pg 249 0 R /P 8 0 R >> /S /P 391 0 obj Elizabeth Holmes (Reuters); Ramesh "Sunny" Balwani (Getty Images). 388 0 obj 319 0 obj >> /Contents [413 0 R 414 0 R 415 0 R] /K 6 << /Annots [] Onetime wunderkind Holmes and Balwani, her former partner in business and domestic affairs, stand charged with nine federal counts . 23 [83 0 R 84 0 R 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R /P 8 0 R endobj >> /Lang (EN-US) endstream /P 293 0 R /Type /Pages /K 26 /Pg 250 0 R The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. /K 130 0 R << /Lang (EN-US) >> /P 8 0 R << /K 6 /S /LI >> /Rotate 0 /Parent 5 0 R /S /P /P 59 0 R 252 0 obj /K 148 0 R The indictment charges each defendant with two counts of conspiracy to commit wire fraud, in violation of 18 U.S.C. << << /P 8 0 R endobj /P 50 0 R /CropBox [0 0 612 792] /S /LBody 4 0 obj /Lang (EN-US) /Pg 235 0 R /Lang (EN-US) Theranos was a blood testing company based in Palo Alto and Newark, Calif. Holmes used a combination of direct communications, marketing materials, statements to the media, financial statements . 290 0 obj endobj endobj /Contents [417 0 R 418 0 R 419 0 R] /S /LI /StructParents 1 The Seattle-based coffee giant originated in 1971 and has since become ubiquitous around the world. /Filter /FlateDecode >> >> endobj /K 144 0 R /Lang (EN-US) endobj null 52 0 R 53 0 R] /Lang (EN-US) /K 211 0 R /K 10 << >> /Resources 440 0 R endobj 138 0 obj /P 48 0 R /K 6 << "Sunny Balwani did not start Theranos," said the lawyer . >> 364 0 R 365 0 R 366 0 R 367 0 R] /S /LI endobj 73 0 obj /P 50 0 R 215 0 obj /Lang (EN-US) >> /Pg 249 0 R /Tabs /S 31 0 obj 236 0 obj >> >> 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 . /Annots [] /Lang (EN-US) /Lang (EN-US) /Pg 235 0 R >> << /K 18 /P 8 0 R /Type /Pages /S /P /Parent 11 0 R /Pg 235 0 R /P 269 0 R /P 55 0 R /Lang (EN-US) << It's unclear . endobj /P 48 0 R /K 202 0 R /P 51 0 R << /K 178 0 R >> /S /LI /Pg 241 0 R /S /LBody /Diagram /Figure /Pg 235 0 R /S /LI /K 210 0 R << /S /LI /S /P /S /LI 223 0 obj /MediaBox [0 0 612 792] << << /K 21 endobj 183 0 obj << /K 119 0 R /P 335 0 R /Lang (EN-US) Investors large and small from around the world are attracted to Silicon Valley by its track record, its talent, and its promise. >> Holmes will head to trial starting Aug. 4, and Balwani will be tried afterthe conclusion of Holmes case, Bloomberg reported. 376 0 obj << << 184 0 obj /Lang (EN-US) endobj /BBox [79.9440002441 274.9559936523 453.9599914551 398.8439941406] /Lang (EN-US) >> >> It involves a dream, a mission, a plan, a vision and quite possibly monumental corruption. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. 46 0 obj << /K 24 /Lang (EN-US) << /Pg 257 0 R /Lang (EN-US) /Resources 500 0 R /S /LBody << /Pg 243 0 R /Pg 250 0 R /K 23 /S /LBody /CropBox [0 0 612 792] << /MCID 2 /K 141 0 R %PDF-1.5 241 0 obj >> /K 233 0 R << /Lang (EN-US) 378 0 obj >> /P 63 0 R 35 0 obj /K 14 /Lang (EN-US) /K 27 << /P 295 0 R 342 0 obj 366 0 obj /S /LI None of the information on this page has been provided or approved by Theranos. endobj /Parent 14 0 R 65 0 R 66 0 R 67 0 R 68 0 R 69 0 R 70 0 R 71 0 R 72 0 R 73 0 R 74 0 R 109 0 obj /K 18 << /K 224 0 R << /S /LBody 287 0 obj /Pg 235 0 R >> << /K 157 0 R /S /LI /S /LI 249 0 obj /Pg 247 0 R >> /Pg 235 0 R /Lang (EN-US) 199 0 R null null] >> << /S /LI 394 0 obj /K 4 /Pg 247 0 R endobj /K 14 /MediaBox [0 0 612 792] /Lang (EN-US) endobj /MediaBox [0 0 612 792] 145 0 R null null null 146 0 R null null null 147 0 R null /S /P >> /Pg 238 0 R The site is secure. /P 350 0 R /S /P /S /LI /Pg 248 0 R >> /P 51 0 R /CropBox [0 0 612 792] /S /P /K 25 endobj << /K 128 0 R Prosecutors allege that Holmes and Balwani deliberately misled investors, policymakers and the public about the accuracy of Theranos blood-testing technologies since 2013, at least, EX-BILLIONAIRE ELIZABETH HOLMES CAN'T PAY LAWYERS DEFENDING HER IN THERANOS FRAUD CLAIM. /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] /P 8 0 R /Pg 256 0 R << endobj /K 209 0 R 230 0 obj 86 0 obj endobj 107 0 obj In addition, the defendants represented to investors that Theranos would soon dramatically increase the number of Wellness Centers within Walgreens stores when, in truth, Holmes and Balwani knew by late 2014 that Theranoss retail Walgreens rollout had stalled because of several issues, including that Walgreenss executives had concerns with Theranoss performance. Theranos gambit may have extended over time precisely because all four biases played a role in the making of a dream that was never fully tested against the constraints of reality. << >> /P 50 0 R This conspiracy misled doctors and patients about the reliability of medical tests that endangered health and lives.. << /S /P /K 0 /S /LBody /Lang (EN-US) /K 14 /K 176 0 R /K 123 0 R endobj null null 152 0 R null null] endobj null null null 231 0 R null null null 232 0 R null null /K 153 0 R /Lang (EN-US) Ad Choices, Theranos founder Elizabeth Holmes on trial as jury selection begins, Theranos downfall due to elaborate $4M conspiracy, investor says. /Lang (EN-US) /P 339 0 R /S /LI /Pg 256 0 R 48 0 obj /S /LI >> Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives.". << << An official website of the United States government. /StructParents 10 << /S /P << /CropBox [0 0 612 792] /K 2 /Lang (EN-US) 6 0 obj By Elizabeth Lopatto / @ mslopatto. /Type /MCR 194 0 obj She now has "two very young children hertoddler and an infant," according to a recent court filing. /Pg 250 0 R endobj >> /S /LI /Pg 235 0 R >> . /P 55 0 R Attorneys Jeff Schenk, Robert S. Leach, and John C. Bostic are prosecuting the case with the assistance of Laurie Worthen and Bridget Kilkenny. /Lang (EN-US) >> /P 8 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 /Rotate 0 << /Lang (EN-US) /CropBox [0 0 612 792] << << >> /Lang (EN-US) endobj 17 [null null 204 0 R null null null 205 0 R null null null Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003. [2] This was done through a medical device called a nanotainer, which drew, retained, and analyzed mere droplets of blood from the patient's fingertip and . However, any sentence following conviction would be imposed by the court after consideration of the U.S. >> /P 268 0 R >> Next to a perfectly dosed narrative of black turtlenecks, sprawling office facilities, glossy paper spreads and alluring marketing campaigns, the supposed Apple look-alike of the health technology industry tantalized investors and consumers with its mission, to facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives. Its no surprise that many bought into it. /K 14 /K 30 << /S /LI Theranos, Inc. is a consumer health technology company founded in 2003 by Elizabeth Holmes. /K 21 Mutual Fund and . << endobj /S /LI >> /K 171 0 R /Pg 250 0 R 347 0 obj >> >> /Type /Page 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. >> - Sep 15, 2021 3:40 pm UTC. >> /S /LBody << << /K 14 /K 36 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, . /S /LBody endobj /Marked true 14 [null null 186 0 R null null null 187 0 R null null null null null 191 0 R null null null 192 0 R null null] 17 0 obj >> endobj /K 2 /StructParents 22 /Lang (EN-US) /S /LBody 337 0 obj << null null 183 0 R null null null 184 0 R null null null endobj /P 315 0 R Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. /K 231 0 R >> /P 366 0 R 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 283 0 obj The national average salary for a Theranos employee in the United States is $44,094 per year. 62 0 obj 88 0 obj << 9 [null null 157 0 R null null null 158 0 R null null null << /P 380 0 R The Theranos scandal has dominated headlines, and both fascinated and appalled readers worldwide, since John Carreyrou's shattering report first broke in 2015. -mission statement: to make actionable information accessible to everyone at the time it matters.