Medical Innovation Exchange

Theranos

Theranos President Sentenced to Nearly 13 Years in Prison

Theranos President Sentenced to Nearly 13 Years in Prison     Ramesh “Sunny” Balwani, President and Chief Operating Officer of Theranos, was sentenced on Wednesday to 155 months in prison plus three years of probation by U.S. District Judge Edward Davila. In July, Balwani was found guilty on 10 counts of wire fraud and two counts …

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Theranos Founder Sentenced to 11 Years in Prison

Theranos Founder Sentenced to 11 Years in Prison     November 18, San Jose, CA: Theranos founder Elizabeth Holmes has been sentenced to 135 months (11.25 years) in prison by U.S. District Judge Edward Davila. Holmes, who was found guilty in January on three counts of investor fraud and one count of conspiracy to commit fraud …

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