Elizabeth Holmes admits doctoring lab reports with pharma company logos

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Former Theranos CEO Elizabeth Holmes admits doctoring lab reports with pharma company logos.

The prosecution has repeatedly shown jurors lab reports emblazoned with logos of the pharmaceutical companies Pfizer and Schering-Plough. Witnesses from those companies who worked with Theranos testified that the use of the logos was unauthorized and they were unaware of it at the time.

“This work was done in partnership with those companies and I was trying to convey that,” she said by way of explanation."I wish I had done it differently,” she added. She rebutted the prosecution's arguments about some of the alleged misrepresentations she made to investors, the media and business partners, affirming that she had received specific positive reports from employees and outside experts and believed their statements to be true.When presented with company emails and PowerPoint presentations, defense attorney Kevin Downey asked Holmes about specific instances brought up by the prosecution.

Downey asked Holmes what she took that email to mean. “I understood that the 4 series could do any blood test,” she replied. third-party devices that had been modified to process the company's proprietary smaller"nanotainer" blood vials, but still returned erroneous results, according to testimony.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I always hated bitcoin and thought it was a scam, till I met AMBREY__MARCUS_, I made my first successful withdrawal of $70,000 thanks to AMBREY__MARCUS_ now am financially stable..

South Africa South Africa Latest News, South Africa South Africa Headlines