Jennifer Lawrence is going to play Elizabeth Holmes, the founder of the medical company Theranos… Theranos is the blood-testing startup that once had Silicon Valley investors salivating over its commercial potential with a $9 billion valuation as recently as two years ago.
According to Deadline.com
Founded in 2003 by Holmes, Theranos claimed to have revolutionized blood testing by being able to use only a pinprick of blood, rather than traditional methods of drawing blood by injection. The company however is now under investigation over claims of inaccurate test results and Holmes’ own worth — at one point valued at $4.5 billion by Forbes thanks to her 50% stake in the company — has plummeted to a fraction of that. What’s more, Theranos may even be banned from practicing for two years for failing to resolve significant problems at its main California lab, according to a report from federal health regulator The Centers for Medicare and Medicaid Services.