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Elizabeth Holmes Says Theranos Will ‘Absolutely’ Survive (Video)

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The Today show this morning broadcast an interview with Theranos CEO and founder Elizabeth Holmes, the first time Holmes has spoken in public about the federal government’s scathing inspection report on the company’s California blood lab. That assessment found problems at the lab were potentially life-threatening to patients.

Holmes took responsibility for the lab’s failures and told interviewer Maria Shriver she felt “devastated that we did not catch and fix these issues faster.”

When asked if she thought that Theranos would survive, Holmes said, “Absolutely.”

She also said the experience had made her “a better person” and “a better leader.”

Theranos, which has attempted to revolutionize the blood-testing industry, is currently in a holding period, waiting for the Centers for Medicaid & Medicare Services to render judgment on the company’s attempt to show why it shouldn’t be subject to severe sanctions. The government agency found Theranos’ attempt to correct the lab’s deficiencies insufficient.

The agency has proposed revoking the company’s license to operate the lab, as well as banning Holmes from owning a testing facility for at least two years.

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Source:: Future of You


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