Theranos founder wooed believers in 'parallel universe'

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SAN JOSE: For critics outside the orbit of fallen US biotech star Elizabeth Holmes, her pledges of a medical revolution reeked of quackery. But the faith of close backers - from a future Pentagon chief to a lab scientist - was very real. \u0022I thought it was going to be the next Apple,\u0022 Adam Rosendo

SAN JOSE: For critics outside the orbit of fallen US biotech star Elizabeth Holmes, her pledges of a medical revolution reeked of quackery. But the faith of close backers - from a future Pentagon chief to a lab scientist - was very real.

Today, she faces decades in prison if convicted of swindling investors with machines that did not work, but in 2003 at age 19, Holmes founded Theranos with the promise of a bewildering range of analyses on just a few blood drops. "What was extraordinary, watching this story, was that it did seem to be playing out in this parallel universe where influential, successful people who didn't have industry context, were increasingly signing on," said Jenny Rooke, biotech investor and founder of Genoa Ventures, with a PhD in genetics.

Yet before that Holmes wowed people with her presentations - Mattis called her"sharp, articulate, committed". "The way she trained her big blue eyes on you without blinking made you feel like the center of the world," he wrote.

 

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