Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, on Monday, Nov. 22, 2021. Holmes targeted ultra-wealthy families as early backers of Theranos to avoid the potential pressure from larger investment firms to go public, according to an investor at the DeVos family office who kicked in $100 million for the blood-testing startup.

Enlarge / Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, on Monday, Nov. 22, 2021. Holmes targeted ultra-wealthy families as early backers of Theranos to avoid the potential pressure from larger investment firms to go public, according to an investor at the DeVos family office who kicked in $100 million for the blood-testing startup. (credit: David Paul Morris/Bloomberg)

Elizabeth Holmes would like the jury to know that scientists, at Theranos and at other companies, led her astray.

One of those scientists was Ian Gibbons, who led Theranos’ scientific research efforts. In 2008, he sent her a presentation about the company’s latest technology, saying that the “performance design goals have been demonstrated,” that the “results have been excellent,” and that the company’s technology was in “clinical evaluation at several sites.”

Holmes told the court that she felt that meant the company was meeting its “design goals,” though she didn’t define what those goals were.

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Source:: Ars Technica

      

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