Theranos

Theranos was a healthcare startup founded by Elizabeth Holmes that claimed to have developed revolutionary technology to run a wide array of medical tests using just a few drops of blood. The company attracted significant investment and attention, promising faster, cheaper, and more accessible testing. However, investigations revealed that the technology was fundamentally flawed and that the results were often inaccurate. This led to legal issues for Holmes and the company, ultimately resulting in her being charged with fraud. Theranos serves as a cautionary tale about the importance of transparency and validity in health technology claims.