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Wednesday, December 8, 2021

Elizabeth Holmes trial: Holmes hires his brother, who hired his college friends

Christian, the brother of Theranos founder Elizabeth Holmes, whom he brought in as a senior manager at his blood-testing startup, instead hired a group of friends from his college, one of those friends, on Friday named Holmes’ criminal. Testified at fraud trial.

Daniel Adeline told the jury that he and five other friends from Duke University’s Christian Holmes had been appointed as senior product managers, four of them appointed once in 2011 and two later. Adeline and several other Duke grads helped train Walgreens drugstore employees, who were supposed to provide Theranos testing services beginning in late 2013, Adeline testified.

The training program included educating Walgreens employees about how Theranos’ technology could make blood testing more accessible and affordable, and trainees were told that “Theranos was an innovative Silicon Valley technology company,” Adeline testified.

“The aim,” he said, “was to help get Walgreens technicians excited and buy into the technology.”

Theranos’ training program for Walgreens staff also included Theranos engineers, with Holmes personally approving some aspects of the training, Adeline testified.

But three years later, the partnership with Walgreens, in which the drugstore giant paid Theranos $100 million in “innovation fees” and invested another $40 million, fell through, with Walgreens suing Theranos. And then made a pact.

Holmes founded Theranos in 2003 at the age of 19. Accused of allegedly duping investors by hundreds of millions of dollars, and defrauding doctors and patients with false claims that the company’s machines could test an entire range using just a few drops of blood, he made more than a dozen fraudulent claims. is charged with. He has pleaded not guilty.

Adeline, in a navy suit, dark tie, white shirt and a few days of beard growth, told jurors in US District Court in San Jose that she had to help organize visits to Theranos’ Palo Alto headquarters for potential business partners, investors. was also assigned the task of and VIP.

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His work included coordinating the set-up of Theranos equipment in rooms for the demonstrations, he testified. He described a demonstration in 2013, a few months before the rollout of patient testing at Walgreens, when Holmes asked him to install 10 to 15 of the company’s “minilab” blood-analyzing devices. The machines, Adeline said, were “powered” for the trip. Three years later, he testified, he learned that MiniLabs had never been used for clinical patient testing.

For another demonstration, Theranos software developer suggested that the company use a special “demo app” with the machines being shown to visitors, which would ensure that no information about processing errors appeared on the device’s screen. as shown in the displayed email. court room.

Adeline told the jury that she worked at Theranos from 2011 to the end of 2016, and dropped out of business school because she no longer believed “the company was able to stand behind the claims being made about its technology.” “

Federal Prosecutor John Bostic said earlier in the trial that Christian Holmes was hired at Theranos despite his lack of a background in science or medicine, and that the clinical decision to redeploy the blood for those trials Was taking what needed to be redone. In an internal email shown to jurors in 2014, Christian Holmes wrote that “it appears that a remodel is necessary given the disintegration of the cells.”

World Nation News Deskhttps://www.worldnationnews.com
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