Bad Blood

(Axel Boer) #1
State Dinner: The Toasts; Michelle Obama’s Dress; Russell Wilson and Ciara
Make a Public Appearance,” Washington Post, April 28, 2015.

Over at Fortune: Roger Parloff, “Disruptive Diagnostics Firm Theranos Gets Boost
from FDA,” Fortune.com, July 2, 2015.


Two months earlier, Balwani had terrorized: Anonymous review of Theranos
posted on Glassdoor.com on May 11, 2015.


During the roundtable discussion: Theranos, “Theranos Hosts Vice President
Biden for Summit on a New Era of Preventive Health Care,” press release,
July 23, 2015, Theranos website.


He also praised Holmes: Ibid.


A few days later, on July 28, I opened: Elizabeth Holmes, “How to Usher in a New
Era of Preventive Health Care,” Wall Street Journal, July 28, 2015.



  1. DAMAGE CONTROL


In March, a month after: VC Experts report on Theranos Inc.


Of the more than $430 million: Christopher Weaver and John Carreyrou,
“Theranos Offers Shares for Promise Not to Sue,” Wall Street Journal, March
23, 2017.


It was created by the Russian: Breakthrough Prize website;
https://breakthroughprize.org.


Its cover letter stated: Letter written by Elizabeth Holmes to Rupert Murdoch on
Theranos letterhead dated December 4, 2014.


The one call he placed: Theranos announced an alliance with the Cleveland Clinic
on March 9, 2017, in a press release titled “Theranos and Cleveland Clinic
Announce Strategic Alliance to Improve Patient Care Through Innovation in
Laboratory Testing,” Theranos website.


The investment packet she sent: The projections were in a five-page document
summarizing Theranos’s financial situation, including information about its
capitalization, cash flow, and balance sheet. They were first disclosed in
Christopher Weaver and John Carreyrou, “Theranos Foresaw Huge Growth in
Revenue and Profits,” Wall Street Journal, December 5, 2016.


They included Cox Enterprises: Ibid.


By the time Mike Siconolfi and I: Altogether, Holmes had six meetings with
Murdoch. They took place on November 26, 2014; April 22, 2015; July 3,
2015; September 29, 2015; January 30, 2016; and June 8, 2016. Two were in
California and four in New York.

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