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’

Elizabeth Holmes dropped out of Stanford in 2003 as a 19-year-old to start Theranos, a company intended to disrupt the medical diagnostic test market. Above, in 2014, she spoke about the company’s vision at its headquarters in Palo Alto, Calif. (Karl Mondon/Bay Area News Group)

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

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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...

Elizabeth Holmes dropped out of Stanford in 2003 as a 19-year-old to start Theranos, a company intended to disrupt the...