File – Photo courtesy of Elizabeth Homs, founder and CEO of Teranos, on Tuesday, August 31, 2021, in federal court in San Jose, California. Valley Star Holmes on Friday, October 22, had the first opportunity to listen to a recording of her bragging about the findings of a blood test technology. (AP Photo / Nic Coury, file)
SAN Jose, California (AP) – Friday had the first opportunity to listen to a recording by bragging about the findings of judges in the blood test technology of the late Silicon Valley star Elizabeth Homs.
The technology, which was said to be a quantum jumper in blood tests, came up with a scandal that threatened to send her to prison.
The drama opens with a series of footage of federal prosecutors in San Jose, California Courtroom in December 2013, following Holmes’ conference call with investors in Teranos, a company that began in 2003 with hopes of becoming Apple’s founder Steve Jobs.
Holmes Audio Clips has launched a massive six-week high-profile trial attempting to swindle sophisticated investors and major retailers of fabricated allegations against Edison. It was said that the company’s machine could quickly scan hundreds of health problems with a few drops of blood.
In the footage, Holmes – in a decisive voice that some critics say she accepted to appear more authoritative – said she had collaborated with major pharmaceutical companies, such as Pfizer, to provide evidence of the experiment. Terranos Edison could not make it work properly, so she mentioned contracts that had never been fulfilled. The repeated failure of the device has frustrated former U.S. Defense Secretary James Mattis, a former member of the Teranos Board, who has previously testified at the hearing.
In one of the clips played on Friday, Holmes said, “We can establish something that is likely to be the largest laboratory in the country.” A few months after Terranos agreed to set up blood tests at Walgreens stores across the country, she expressed interest.
But Teranos was only injured in 40 Walgreens stores. After investing $ 140 million in Teranos, Walgreens terminated the Teranos Coalition in 2016, and soon revealed in the Wall Street Journal a series of explosive articles and regulatory audits of chronic blood test technology.
Before everything exploded, Homs raised hundreds of millions of dollars from a list of investors such as media mogul Rupert Murdock, the Walton family behind Walmart, and Larry Ellison, the founder of Oracle. Friday’s clips were filmed by Brian Tolbert, a consultant to Dallas Real Estate developer Dallas Real Estate, who invested $ 7 million in Teranos.
Teranos, once privately owned, invested $ 9 billion, including a $ 4.5 billion stake in Holmes. She will now face up to 20 years in prison if convicted.
As she did throughout the trial, Holmes sat down with her lawyers on Friday as her voice filled the courtroom. She had no reason to speak during the hearing, although her lawyers eventually testified as Teranos’s chief defense officer.
Holmes, 37, pleaded not guilty to any wrongdoing and blamed her former boyfriend, Ramesh “Sani” Bulwani, for any misconduct. In court documents, Holmes’ attorneys confirmed his use of Bulwani, which his lawyer vehemently denied. Bulwani faces a separate trial next year.
On Friday, U.S. District Judge Edward Devila dismissed a member for unknown reasons. Originally composed of 17 people and including five variants, the judges have now been reduced to 10 men and four women.