Theranos boasted of 'highest levels of accuracy' in mailings to Rupert Murdoch and other investors

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Daniel Edlin, a former Theranos project manager, testified in Elizabeth Holmes' trial about presentations made to investors including Rupert Murdoch.

founder lost his investment in Theranos, it didn't have a major impact on Murdoch's overall wealth. Today he's estimated to be worth $9.4 billion according to the Bloomberg Billionaires Index.

Murdoch responded: "Thanks Elizabeth. Enjoyed every minute of it. Any blood results? See you soon, Rupert." Holmes secured more than $900 million from investors over the course of a decade. Her healthcare company promised to run hundreds of tests with just drop or two of blood. But in 2015 former Wall Street Journal reporter John Carreyrou published a series of investigative reports revealing the inaccuracies of the blood tests."Did you have a role in preparing or sending those investment binders?" John Bostic, an assistant U.S. attorney, asked.

"I was in meetings where Sunny said that he would defer to Elizabeth on certain things and generally Elizabeth was the CEO," Edlin said. "She had kind of the final decision making authority."

 

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