Video-on-demand service Hulu launches into TV miniseries documenting rise and fall of former Theranos CEO Elizabeth Holmes

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The six-part show is based on the popular ABC Radio podcast “The Dropout,” which focused on the three-year investigation that brought down clinical lab test developer Theranos.

As former Theranos CEO Elizabeth Holmes awaits the start of her criminal fraud trial on August 31 in Northern California federal court, a streaming video service is lining up a cast of stars to tell the story of the fall of the Silicon Valley leadership and the demise of his clinical laboratory blood testing business.

This six-part series is produced by Hulu, an on-demand video streaming service offering live and on-demand content. In 2019, he announced he would produce “The Dropout,” a limited series chronicling the rise and fall of Holmes, from the founder and CEO of $ 9 billion tech company Theranos to the accused.

Hulu says the series will launch this fall, so pathologists and medical lab managers have time to tune their recorders to capture what could be a compelling story of pride that has put investors and media in a race. crazy. The Theranos advertising machine was so effective that many hospital CEOs went to their clinical lab administrators and told them to delay equipment purchases because Theranos would be able to do the same medical lab tests for pennies. only on the existing lab cost dollar.

The carefully crafted public image of Holmes as CEO of Theranos drew comparisons to the late Apple CEO Steve Jobs, Business intern Noted. This made her a popular topic not only among clinical laboratory scientists, but also among Hollywood filmmakers.

“The Dropout” was inspired by ABC Audio podcast of the same name, hosted by ABC Rebecca Jarvis, Chief Business, Technology and Economics Correspondent. the ABC The description of the audio podcast gives an idea of ​​where the miniseries will go.

“Money. Romance. Tragedy. Deception. The story of Elizabeth Holmes and Theranos is an incredible tale of ambition and glory gone terribly wrong. How did the world’s youngest self-made billionaire woman have it all. lost in the blink of an eye? How did the woman heralded as “the next Steve Jobs” end up facing criminal charges – to which she pleaded not guilty – and up to 20 years in prison? , supposed to revolutionize healthcare, has potentially put millions of patients at risk? And how did so many smart people go wrong along the way? ” ABC Audio website states.

The Hulu series was originally scheduled to star “Saturday Night Live” cast member Kate McKinnon as Holmes, but was recast with Amanda Seyfried in the lead role. According to Variety, the series will feature a notable lineup of guest stars, including:

Naveen Andrews will play former Theranos President and COO Ramesh Balwani, whose criminal fraud trial is expected to begin early next year.

A release date for the limited series has yet to be announced, Town and countryside reported.

Elizabeth Holmes (above), former CEO of now-defunct Theranos, faces 11 fraud counts over false allegations that the clinical laboratory testing company created breakthrough needle stick technology. finger capable of performing a wide range of clinical laboratory tests. The charges include two counts of conspiracy to commit wire fraud and nine counts of wire fraud, for which Holmes could serve up to 20 years in prison if convicted of all charges, according to court documents. She pleaded not guilty. (Photo copyright: The Wall Street Journal.)

The Wall Street Journal’s “real world” investigation of Theranos and Holmes

Dark Daily has reported extensively on the Holmes / Theranos saga, including the recent development that Holmes’ trial, repeatedly postponed, would be postponed from mid-July to August 31, as Holmes is due to give birth in July.

Theranos’ alleged deceptions were first brought to light in a series of investigative reports from 2015 to The Wall Street Journal (WSJ). Then-WSJ Investigative reporter John Carreyrou alleged that Theranos did not publicly reveal that the vast majority of its tests were not performed with proprietary technology, but rather with traditional machines purchased from Siemens AG and other companies. .

Carreyrou’s reporting became the basis of his bestselling book, “Bad Blood: Secrets and Lies in a Silicon Valley Startup,” which led to “The Inventor: Out for Blood in Silicon Valley,” a 2019 HBO documentary film.

And for those looking for even more drama centered on the Theranos saga, a feature film starring Jennifer Lawrence as Elizabeth Holmes, titled “Bad Blood,” remains “in development” according to People magazine. Although the project was announced in 2016, filming has yet to begin.

Meanwhile, clinical laboratory scientists will soon be able to watch the next “real-world” chapter of the Holmes saga unfold in federal court later this summer. They will also have multiple opportunities in the years to come to “entertain” the Theranos scandal on small and large screens.

—Andrea Downing Peck

Related information

“The Dropout”: William H. Macy, Laurie Metcalf, Elizabeth Marvel, Utkarsh Ambudkar, Kate Burton among the 10 actors of the Hulu limited series

Here are all the ways that Elizabeth Holmes, CEO of Theranos, has emulated Steve Jobs over the years

Elizabeth Holmes Hulu Series ‘The Dropout’ Adds 10 Guest Stars Including William H. Macy, Laurie Metcalf, Stephen Fry

United States v. Elizabeth Holmes, et al.

Hot startup Theranos struggled with its blood testing technology

Amanda Seyfried to star Elizabeth Holmes in Hulu series “The Dropout”, succeeding Kate McKinnon

Former Theranos CEO Elizabeth Holmes is pregnant, further delaying her trial date


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