+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The rise, fall, and pivot of Theranos, in one graphic

Oct 17, 2016, 22:36 IST

It's been a roller coaster year for Theranos, a startup once heralded as a revolutionary blood-testing company.

Advertisement

On October 10, one of the company's major investors filed a lawsuit against the company (which Theranos vigorously contested). And before that, on October 5, Theranos decided to get out of the clinical lab business, cutting 340 positions and closing all of its Wellness Centers. Theranos will pivot to focus solely on its technology, namely the miniLab platform, its CEO Elizabeth Holmes announced.

Although it sounds like this story is still far from over, here are some of the key moments in the rise, fall, and pivot Theranos has gone through in the past year.

Dragan Radovanovic/Business Insider

NOW WATCH: The most persuasive phrases in the human language

Please enable Javascript to watch this video
Next Article