
Theranos (Elizabeth Holmes)
Theranos was a health technology company founded by Elizabeth Holmes. It aimed to revolutionize blood testing by using only a single drop of blood to conduct hundreds of medical tests quickly and cheaply. However, investigations revealed that the technology did not work as promised, and the company misled investors, regulators, and the public about its capabilities. In 2018, Holmes was charged with fraud, accused of creating a false narrative to attract investment and partnerships. The case highlighted issues of ethics in Silicon Valley and the importance of accountability in health innovation.