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Exit|1 of 3 in Theranos
safety-theaterbiotech·2014

The drop of blood fiction

The Public RegisterSeptember 2014
Elizabeth HolmesCEO, Theranos, TEDMED Keynote / The New Yorker Profile
A chemistry is performed so that a chemical reaction occurs and generates a signal from the chemical sample with the lab personnel doing no hands-on work with the sample. One tiny drop of blood changes everything.
The Private ArtifactNovember 2014
Elizabeth Holmes & Sunny Balwaniprivate text messages, Encrypted text messages entered into federal trial evidence
Holmes: 'Our machines are failing QC every morning.' Balwani: 'We are running all tests on Siemens machines with manual dilutions. We are praying for a miracle because this analyzer simply does not work.' Holmes: 'I know. Praying to the universe.'
Exhibit: US_v_Holmes_Ex_Text_5882

The Split:Holmes painted a vision of autonomous, touchless biochemistry run from a single fingerstick drop. Behind locked doors, staff were manually diluting blood in pipettes to run on commercial Siemens analyzers while Holmes and Balwani texted about praying for miracles.

The Tell (How to spot this next time):

Whenever a biotech founder describes their diagnostic device as an automated black box that 'removes human hands', ask to see the third-party analyzer in the basement.

court pipeEntered into trial evidence in United States v. Elizabeth Holmes.