In the courtroom testimony that has unfolded so far in the criminal trial of Theranos Inc. founder Elizabeth Holmes, jurors have heard about the early promise of her startup and how Ms. Holmes set out to revolutionize healthcare by eliminating big needles from blood testing.

They have also begun to hear about how the company’s ambitions to test for a range of conditions using just a few drops of blood from a finger prick fell short, and how some employees quit after they said they tried to sound the alarm that the company was allegedly putting patient health at risk. Witnesses and prosecutors have also described years that Theranos struggled to pay the bills, and how revenue projections given to investors were sometimes far rosier than what the company’s finance staff calculated.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

U.S. Job Openings Slip in Early December

Average daily U.S. job listings slipped this month from November levels, according…

Fox News Moves to Dismiss Defamation Suit by Voting-Machine Company

Fox News Media moved late Monday to dismiss a $2.7 billion defamation…

Bed Bath & Beyond Says Banks Cut Off Its Credit Lines

Bed Bath & Beyond Inc. said it doesn’t have the funds to…

Tequila Bottles Found on New Boeing Air Force One Jet

Two empty liquor bottles were found this month on one of Boeing…