Monday, April 18

Theranos CEO “devastated” by company’s failures, claims ignorance

(credit: NBC TODAY)

Elizabeth Holmes, founder and CEO of blood testing company Theranos, said she was “devastated” by failures at the company’s California laboratory, which have left federal regulators threatening to shut down the lab and ban Holmes from the business of blood testing for at least two years.

In an interview that aired Monday on NBC’s TODAY show, Holmes took full responsibility for the problems, which largely involve inaccurate test results and the hiring of unqualified workers. However, she explained the failures by noting that she was unaware of them.

“I’m the founder and CEO of this company,” she said. “Anything that happens in this company is my responsibility at the end of the day.” But when asked why the laboratory didn’t seem to have protocols to ensure that they were following internal and external quality checks for the medical test results or hiring only employees with the necessary licenses and qualifications to handle those medical tests, Holmes responded, “Probably the most devastating part of this is that I thought we did.”

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