Theranos boasted of highest levels of accuracy in mailings to Rupert Murdoch and other investors
Summary
SAN JOSE, CALIF. -- Theranos sent binders claiming the healthcare company had "the highest levels of accuracy" to high-profile investors, including billionaire Rupert Murdoch, according to court testimony on Tuesday. Daniel Edlin, a former project manager recruited by Holmes brother Christian, testified he would prepare binders on Theranos to send to investors "based on an approved checklist of items," adding "Elizabeth asked to review them." Even though the Fox and News Corp. founder lost his investment in Theranos, it didnt have a major impact on Murdochs overall wealth. Prosecutors also questioned Edlin about Holmes romantic relationship with Ramesh "Sunny" Balwani, the companys president and COO and her second in command. According to unsealed court documents Holmes attorneys filed, part of her defense strategy may be to pin the blame on Balwani, who is being tried separately next year.