Thursday, November 18, 2021

RETHINKING - NOVEMBER 18, 2021 - FRAUD IN MEDICAL TECHNOLOGY

 

Fraud in medical technology is very dangerous because it is putting human lives at risk.

 

In a Californian court, now, a famous case is running. It is the trial against the founder of Theranos, a good sample of fraud in the technology arena.

 

The Theranos case and the responsibility of Elizabeth Holmes in a fraudulent technology to test human blood cannot end with a pardon.

 

According to some observers, this trial is very long despite the evidence of fraud.

 

Nonetheless, Elizabeth Holmes – founder and CEO’s Theranos - fell from the hill of the Silicon Valley celebrities.

 

Ms. Holmes will not be remembered like another great celebrity of Silicon Valley. She will not receive the glory of the blood technology innovator.

 

At this moment, Elizabeth Holmes is walking through a dark tunnel that probably will end in jail.

 

SOURCES: The Wall Street Journal, The New York Times, my own think tank.

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