Forbes ranks Elizabeth Holmes among richest; Theranos claims FDA approval
1 report, 1 independent
Updated 00:00
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What happened
Forbes ranked Elizabeth Holmes among the richest women. Separately, Theranos claimed that the FDA had approved its Herpes test. Theranos was a biotechnology company founded by Elizabeth Holmes in 2003, which claimed its lab test process could run over 1,000 tests using only a single drop of blood.
From indiatimes.com
Why it matters
The claims relate to the medical technology and diagnostic testing sector. The FDA has historically investigated and regulated Theranos' blood-testing technology, making the claim of approval relevant to market standards in healthcare.
From indiatimes.com
Who's involved
- Elizabeth HolmesFounded and led Theranos, a health technology company.
- TheranosDefunct health-technology company that faced criminal charges related to fraud.
- FDARegulatory agency that historically investigated and regulated Theranos' technology.
Keep exploring
The entities involved
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Elizabeth Holmes
American biotechnology entrepreneur convicted of fraud
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Theranos
defunct American privately held health-technology company
- FDA