Elizabeth Holmes started the medical testing company Tharanos and promised innovative technology that would use a simple blood test to diagnose an unprecedented number of diseases. However, Holmes ended up facing criminal charges for fraud and her company, once worth $9 billion, no longer exists—why?

Question

Elizabeth Holmes started the medical testing company Tharanos and promised innovative technology that would use a simple blood test to diagnose an unprecedented number of diseases. However, Holmes ended up facing criminal charges for fraud and her company, once worth $9 billion, no longer exists—why?

(1 point)
A. • Her blood tests actually injected patients with several dangerous infections.
B. • Her blood tests diagnosed all patients with cancer, even if they were 100 percent healthy.
C. • She sold her technology to investors as if it existed, but it did not.
D. • Her technology was found to be faulty once it was put into use.

Answer 1

C. • She sold her technology to investors as if it existed, but it did not.

Answer 2

The correct answer is C. Elizabeth Holmes faced criminal charges for fraud because she sold her technology to investors as if it existed, but it did not. It is important to note that this answer can be found by researching and reading about the case of Elizabeth Holmes and Tharanos.

Answer 3

C. • She sold her technology to investors as if it existed, but it did not.

The correct answer is C. Elizabeth Holmes faced criminal charges for fraud because she sold her technology to investors as if it existed, but it did not. It is important to note that this answer can be found by researching and reading about the case of Elizabeth Holmes and Tharanos.

The correct answer is C. • She sold her technology to investors as if it existed, but it did not.