A federal judge has ruled that prosecutors in the Elizabeth Holmes fraud trial can describe some of the former Theranos CEO’s high-flying lifestyle. Judge Edward Davila, in an order filed May 22, found some lifestyle evidence was admissible because it allowed prosecutors to make a case about Holmes’ motive, knowledge and intent. Davila, however, barred […]
Theranos
Elizabeth Holmes wants to blame Silicon Valley startup culture for Theranos fiasco
Ex-Theranos CEO Elizabeth Holmes’ lawyers want to present evidence about Silicon Valley startup culture as part of her federal fraud trial defense, according to media reports. “Silicon Valley exaggeration occurs, there’s going to be natural discussion of startup companies and how they operate,” Judge Edward Davila said during a hearing yesterday in federal court in […]
J&J leader McEvoy lays out future for medtech giant; Stryker’s Murray talks 3Dprinting
In this week’s DeviceTalks Weekly podcast — the 50th of the series— J&J’s medical device chief Ashley McEvoy makes her debut. McEvoy, EVP and chair of Medical Devices at Johnson & Johnson, delivered insights on several areas of interest including: COVID-19’s impact on J&J in the past, and what changes may remain in the future; […]
Theranos founder Elizabeth Holmes’s trial delayed again — this time over pregnancy
A federal judge in San Jose, Calif. has agreed to delay Theranos founder Elizabeth Holmes’s trial until Aug. 31, according to media reports. This is the fourth delay to Holmes’ trial — which has been continually delayed because of challenges caused by the COVID-19 pandemic. This time, the trial has been delayed another six weeks […]
Elizabeth Holmes pregnancy could mean another delay for fraud trial
Both the prosecution and defense in Elizabeth Holmes’ federal fraud case want the judge to delay jury selection until Aug. 31 because the Theranos founder is pregnant. If Judge Edward Davila agrees, this would be the fourth delay in Holmes’ trial. Originally scheduled to start July 28, 2020, the trial has been continually delayed due […]
Elizabeth Holmes, prosecutors trade accusations over lost evidence
Ex-Theranos CEO Elizabeth Holmes through her lawyers is blaming prosecutors’ “investigative failure” for the loss of a company database that would have shown the level of inaccurate blood-testing results. In a filing yesterday, Holmes’ lawyers claim that in the absence of information in the Laboratory Information System (LIS) database, the judge should not allow jurors […]
DTW Podcast – Tale of Two CEOs – How Tim Herbert led Inspire to an IPO; Where Rob Bodor wants to take Protolabs
Inspire Medical CEO Tim Herbert never set out to be a CEO. Yet, he spun a promising sleep apnea technology out of Medtronic. He then assembled a team that helps hard-to-treat apnea patients live healthier lives through better sleep. Oh, and the electrical-engineer-turned-startup-CEO took the medtech public in 2018. Listen to this episode to hear […]
Elizabeth Holmes’ need for cash, clothes, travel just like other CEOs, attorneys say
Ex-Theranos CEO Elizabeth Holmes has set out to prove that the lure of wealth and fame did not lead her to commit fraud with her now-defunct blood-testing company. Attorneys for Holmes filed dozens of briefs this week seeking to refute prosecutors’ claims that Holmes’ desire for recognition and wealth allegedly motivated her to lie about […]
Medtechs can’t set digital strategies aside – DTW Podcast
Digital connectivity no longer belongs in the final slides of a medtech company’s pitch deck. In the latest DeviceTalks Weekly podcast, three leaders pushing for connected medical devices explain the need to incorporate data collection and monitoring functionality in new devices. Scott Huennekens, who advanced the “digital surgery” strategy when he helped launch Verb Surgical, […]
Prosecutors want to present evidence of Elizabeth Holmes’ quest for wealth and fame
Private jet flights, luxury hotel trips, fawning media reports and hobnobbing with the world’s elite — Elizabeth Holmes’ desire for recognition and wealth allegedly motivated her to commit fraud with her now-defunct blood-testing company Theranos. That’s a major motive argument that federal prosecutors would like to make when Holmes’ trial starts in July in U.S. […]
BREAKING: Elizabeth Holmes’ trial postponed due to California COVID surge
Ex-Theranos CEO Elizabeth Holmes’ federal fraud trial will now start in July 2021 due to another COVID-19-related delay, according to published reports. A new surge of coronavirus cases in California led Judge Edward Davila to postpone jury selection to July 13, the San Jose Mercury News and CNBC reported. Davila previously postponed the trial to […]
