Theranos founder Elizabeth Holmes takes stand to defend herself in fraud case

Published by
Reuters

By Jody Godoy SAN JOSE, Calif. (Reuters) -Theranos founder Elizabeth Holmes took the stand on Friday to defend herself against charges of defrauding investors and patients about the now-defunct blood-testing startup once valued at $9 billion. Holmes, 37, is accused of making false claims about Theranos, including that its technology could run a range of diagnostic tests more quickly and accurately than conventional laboratory testing with a drop of blood from a finger prick. Removing her blue mask to testify, Holmes said that her work at Theranos led her to believe in the company’s technology….

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