Elizabeth Holmes’ defense allowed the founder of Theranos to act as a young benefactor

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Elizabeth Holmes, the founder of Theranos Inc., arrives at the Federal Court in San Jose, California, on Monday, November 22, 2021.

David Paul Morris | Bloomberg | Getty Images

San Jose, California. -On Monday, Elizabeth Holmes answered most of the simple questions from her defense attorney, because the former Theranos founder had the opportunity to publicize her knowledge of the blood testing company before the fierce cross-examination Boldly ambitious.

On the second day of her testimony in the criminal fraud trial, Holmes established promising partnerships with pharmaceutical companies, the Department of Defense, and Stanford University.

“We think this is a very good idea,” Holmes told the jurors. “As far as we know, these robots used in traditional laboratories have not been miniaturized to operate in equipment that can be placed in a point of care.”

Sherlock Holmes, 37, unexpectedly appeared on the witness stand on Friday after the prosecution spent 11 weeks summoning 29 witnesses, from former employees and investors to laboratory supervisors and business partners. On Monday, the public prepared to hear about Holmes within a week of shortening the holiday at the San Jose courthouse.

As early as 3 a.m. California time, reporters, bystanders, and Sherlock Holmes’s friends lined up outside the gate of the courthouse. At 7:30 in the morning, the gate of the court opened and a total of 79 tickets were issued. Dozens of people were waiting outside. There was no chance to watch Holmes’ testimony in person.

Holmes arrives arm in arm with her partner Billy Evans and her mother. Holmes’ entourage includes at least nine friends and family members, including Evans’ mother.

Holmes, wearing a blue dress, stood on stage and introduced herself to the jury: “My name is Elizabeth Holmes,” she said in her iconic baritone voice. Her testimony lasted about two hours.

Holmes faces 11 charges of wire fraud and conspiracy to commit wire fraud. She pleaded guilty and denied any wrongdoing. If convicted, she will face up to 20 years in prison.

Holmes’ attorney Kevin Downey asked the former Theranos CEO to answer questions through a series of questions that also highlighted the company’s cooperation with major drugmakers such as AstraZeneca, Merck and Pfizer, as well as the Mayo Clinic.

“We believe that our products can be used by pharmaceutical companies to help better understand how drugs work and to help speed up the time required to conduct research,” Holmes said.

The jurors saw a slide from 2009 with the title “Completed Success”. Downey asked Holmes what she thought was the success of working with pharmaceutical companies.

“Success is that we successfully achieved the goals of the plan,” she replied, occasionally looking at the jury on her right while explaining scientific terminology.

Although prosecutors portray Holmes as a deceptive leader who deliberately misleads employees, investors, and patients, Downey is giving Holmes a space to try to reinvent herself as a young, aspiring entrepreneur. She has A grand idea that you want to realize.

Holmes talked about Theranos’ relationship with Pfizer and Schering-Plough, but she was not asked to resolve claims that her company forged their logos on laboratory reports to make them look legitimate. Government witnesses, including Pfizer scientist Dr. Shane Weber, stated that they never approved Theranos to use the Pfizer logo.

Holmes does admit that Theranos has never established a partnership with the Department of Defense.Prosecutors accuse Holmes Misleading investors by claiming that Theranos cooperated with the military. Witnesses such as hedge fund manager Brian Grossman said the company told them that the technology was being used on the battlefield.

Holmes testified that Theranos wanted to collaborate with the Department of Defense on multiple projects in 2008 and 2009.

“One is to observe whether there are markers in the blood that can predict PTSD, and the other is related to diabetes management,” she said. “The other is dealing with infections in trauma patients.”

Holmes’ testimony was delayed for nearly two hours, but no explanation was provided to the court. During this period, Assistant U.S. Attorneys Downey, Jeff Schenk, and U.S. District Court Judge Edward Davila were not in the room.

Holmes will return to the witness box on Tuesday, and the court will be closed for the rest of the week during the Thanksgiving holiday. After the defense ends the questioning, the prosecutor will have the opportunity to cross-examine Holmes.

watch: Sherlock Holmes makes his position in Theranos trial


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