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/adjective/ Theranos was an American privately held corporation (2003-2018) which was touted as a breakthrough health [technology] company, with claims of having devised blood tests that required only very small amounts of blood and could be performed very rapidly using small automated devices [the company] had developed. A fantastic lesson in overselling, founder [Elizabeth Holmes] was brought to court facing 12 fraud charges over her role at the now-defunct blood-testing firm which was once worth $9bn. She is accused of deceiving investors and patients by claiming Theranos could detect common illnesses using just a few drops of blood from a finger prick.
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