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REDDIT

Elizabeth Holmes is in prison for defrauding investors through her blood-testing company, Theranos. In the meantime, her partner is starting one of his own.

J
May 11, 2025 · 04:24

Billy Evans is trying to raise money for his company, Haemanthus, which describes itself as "the future of diagnostics," according to marketing materials reviewed by The New York Times. It plans to begin with testing pets for diseases before progressing to humans, according to two investors pitched on the company.
If that sounds familiar, it's because Theranos similarly aimed to revolutionize diagnostic testing. The Silicon Valley start-up captured the world's attention by claiming, falsely, to have developed a blood-testing device that could run a slew of complex lab tests from a mere finger prick.

https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html