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Documentaries lift lid on Theranos biotech scam
https://pharmaphorum.com/news/documentaries-lift-lid-on-theranos-biotech-scam/
Richard Staines gives a weekly round-up of the developments in digital health
Elizabeth Holmes, founder and chief executive of Theranos has been charged with “massive fraud” and forced to relinquish control of the blood testing company.
Reported settlement of around $25 million significantly reduces company funds.
Agreement could cost Theranos $30 million – significantly less than original $140 million lawsuit.
Partner Fund Management agrees to drop lawsuits.
Will Fitbit’s talks with the NHS solve the ailing firm’s problems?
Firm also agrees not to own or operate a lab within two years.