Elizabeth Holmes trial: Walgreen’s paid $100 million to Theranos, invested $40 million more, witness says
https://www.siliconvalley.com/2021/10/13/elizabeth-holmes-trial-walgreens-paid-100-million-to-theranos-invested-40-million-more-witness-says/
Drugstore giant Walgreens paid Palo Alto blood-testing startup Theranos $100 million, and invested $40 million more in the failed company, a former Walgreens executive testified at Theranos founder Elizabeth Holmes’ criminal fraud trial Wednesday.
Walgreens agreed in 2012 to pay Theranos a $100 million “innovation fee” and invest the additional millions in a deal that was intended to put Theranos blood-testing services in Walgreens stores across the U.S., the drugstore chain’s former chief financial officer Wade Miquelon testified in U.S. District Court in San Jose.
Elizabeth Holmes trial: Walgreen’s paid $100 million to Theranos, invested $40 million more, witness says
Oct 13, 2021, 10:48pm UTC
https://www.siliconvalley.com/2021/10/13/elizabeth-holmes-trial-walgreens-paid-100-million-to-theranos-invested-40-million-more-witness-says/
> Drugstore giant Walgreens paid Palo Alto blood-testing startup Theranos $100 million, and invested $40 million more in the failed company, a former Walgreens executive testified at Theranos founder Elizabeth Holmes’ criminal fraud trial Wednesday.
> Walgreens agreed in 2012 to pay Theranos a $100 million “innovation fee” and invest the additional millions in a deal that was intended to put Theranos blood-testing services in Walgreens stores across the U.S., the drugstore chain’s former chief financial officer Wade Miquelon testified in U.S. District Court in San Jose.