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Theranos CEO Asking Investors for Money to Save Company

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According to a Buzzfeed report, Theranos CEO Elizabeth Holmes is asking investors for more money to keep the company afloat. In a letter sent out this week, Holmes lays out how Theranos is falling behind on the development milestones it needs under an agreement it has with Fortress Investment Group. Fortress previously provided Theranos, a blood-testing company, with $100 million in funding to get it through this year.

Added on the 11/04/2018 13:22:39 - Copyright : Wochit

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