Elizabeth Holmes trial: Walgreens paid $100 million to Theranos, invested $40 million more: ‘I didn’t want to believe that the things I believed weren’t true’
https://www.siliconvalley.com/2021/10/13/elizabeth-holmes-trial-walgreens-paid-100-million-to-theranos-invested-40-million-more-i-didnt-want-to-believe-that-the-things-i-believed-werent-true/
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.
Former Walgreens chief financial officer Wade Miquelonleft Walgreens before the deal with Theranos fell apart, but he continued to believe in her and her startup’s technology, he told the jury, which had seen displayed copies of emails between the two.