Theranos Founder Elizabeth Holmes Takes Stand to Defend Herself in Fraud Case

Theranos Founder Elizabeth Holmes Takes Stand to Defend Herself in Fraud Case
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, Calif., on Sept. 8, 2021. Nick Otto/AFP
Reuters
Updated:

SAN JOSE, Calif.—Theranos founder Elizabeth Holmes took the stand on Friday to defend herself against charges of defrauding investors and patients about the now-defunct blood-testing startup once valued at $9 billion.

Holmes, 37, is accused of making false claims about Theranos, including that its technology could run a range of diagnostic tests more quickly and accurately than conventional laboratory testing with a drop of blood from a finger prick.