Re: [DIYbio] Re: "Theranos, CEO Holmes, and Former President Balwani Charged With Massive Fraud"

"all the biotech experts in my area never heard of Elizabeth Holmes
... Nobody in Indiebio the Biotech accelerator or even the DIY Biology
groups like Biocurious or any maker space group heard of her crew. "

That is indicative of a different problem: why are research principals
& science groups so unaware of the biotech business environment
especially considering very obvious headlines. No one is simply
skimming the headlines of Forbes, etc? That's simply not a good route
for a startup environment (basically, it's a pretty uneducated
approach). Holmes was very, very prominent in the news, and the
stories blatantly stood out because they were so unbelievable.
(Young researcher makes a so-called amazing discovery, drops out of
Stanford, and is rapidly estimated as having one of the largest net
worths of all time for a young scientist?)

It is also indicative of how easy it would have been for any
journalist to debunk the company's story. A research breakthrough of
such magnitude should be conceptually verifiable to any student and
especially any expert in the field. If any of the company's claims
were possible, Holmes would have been well known in biotech research
circles, and definitely in the microfluidics area. All these science
and business journalists didn't place a single 10 minute investigative
phone call in this regard?


On 6/22/18, Dig fan <ryanvituggavieres@gmail.com> wrote:
> Start with this during the time Holmes was coming into play. As a person
> who did take biotech and biology major classes and graduated all the
> biotech experts in my area never heard of Elizabeth Holmes until the
> scandal was released to the public. Somehow Holmes is a complete unknown
> in cities where biotech is a big deal like South San Francisco, Vacaville
> and Davis areas. Nobody in Indiebio the Biotech accelerator or even the DIY
>
> Biology groups like Biocurious or any maker space group heard of her crew.
> The problem here was that the heat and backlash was focused on something
> else though.
>
> On Friday, June 22, 2018 at 10:05:56 AM UTC-6, Jonathan Cline wrote:
>>
>> Start a list of every journalist who wrote a nonobjective,
>> positive-leaning article about Theranos between the years 2005-2015.
>> That's ten years in which any of the journalists could have called any
>> typical university microfluidics or nanotechnology research lab in the
>> world to discount Theranos's vaporware statements. Science reporters
>> are supposed to report science objectively, not inflate dangerous
>> hype.
>>
>>
>> On 6/22/18, Ryan Vitug-Gavieres <ryanvitu...@gmail.com <javascript:>>
>> wrote:
>> >
>> https://www.reuters.com/article/health-theranos/theranos-founder-holmes-seeks-stay-of-lawsuit-after-indictment-idUSL1N1TN28J
>>
>> >
>> > More updates.
>> >

--
## Jonathan Cline
## jcline@ieee.org
## Mobile: +1-805-617-0223
########################

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