These entrepreneurs say the tarnished legacy of Elizabeth Holmes and Theranos has made their jobs harder [Fortune]
Veracyte, Inc. (VCYT)
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Source: Fortune
Following extensive coverage by Fortune of Theranos's and as the company failed to meet its lofty promises, Murray interviewed . He showed a clip from the session on Wednesday in which Holmes would only say that the company needed "to do a better job of communicating" the science and the data behind its offerings. She admitted no wrongdoing. A month after that interview, that Fortune contributed to "the hype" surrounding Theranos's now- that it could do comprehensive lab tests based on blood pulled from a single finger prick. Once valued at $9 billion, Theranos was shuttered in 2018 after the Centers for Medicare and Medicaid Services said its lab practices were deficient and could even pose immediate danger to patients' health and safety. Later, federal prosecutors , saying that she misled investors, doctors, and patients about the company's services. She's pled not guilty. With Fortune 's mea culpa already offered up, Murray turned to the panelists—Bonnie Anderson, founder and
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VCYT
Earnings
- 2/22/24 - Miss
VCYT
Sec Filings
- 3/22/24 - Form 8-K
- 3/22/24 - Form 424B7
- 3/19/24 - Form 4
- VCYT's page on the SEC website