Menu

Jennifer Lawrence to Star in Theranos Movie

The actress will portray the troubled blood testing startup’s founder, Elizabeth Holmes. 

Jun 13, 2016
Tanya Lewis

Jennifer Lawrence at the April 16 premiere of “A Beautiful Planet” in New YorkNASA/JOEL KOWSKY

Actress Jennifer Lawrence is set to star as Elizabeth Holmes in a film about Theranos, the biotech startup that was valued at $9 billion before a Wall Street Journal investigation uncovered serious issues with some of the company’s claims, Deadline Hollywood reported last week (June 9). The film will be produced by Adam McKay, who recently produced The Big Short, the financial drama based on the book by Michael Lewis.

Meanwhile, Theranos’s troubles continue. Walgreens, the startup’s largest customer, yesterday (June 12) announced that it is ending its partnership with the firm. “In light of the voiding of a number of test results, and as the Centers for Medicare and Medicaid Services (CMS) has rejected Theranos’ plan of correction and considers sanctions, we have carefully considered our relationship with Theranos and believe it is in our customers’ best interests to terminate our partnership,” Brad Fluegel, Walgreens senior vice president and chief health care commercial market development officer, said in the statement.                    

Theranos rose to prominence with the claim that it could perform routine blood tests using just a few drops of blood from finger prick. Following the The Wall Street Journal’s October 2015 article, a number of the company’s other claims have been challenged—including, for example, that it worked with pharmaceutical company GlaxoSmithKline, according to The Verge.

A Theranos memo obtained by journalists in April noted that the Securities and Exchange Commission and the US Attorney’s Office were investigating whether the company may have misled investors.

The CMS launched an investigation of a Theranos laboratory in Newark, California, last fall, finding problems. The agency is expected to decide on possible sanctions against the company within the next two weeks, according to the Wall Street Journal

Hat tip: The Guardian

Update (June 13): “Quality and safety are our top priorities and we are working closely with government officials to ensure that we not only comply with all federal regulations but exceed them,” Brooke Buchanan, Theranos’s vice president of communications, said in a statement emailed to The Scientist.

April 2019

Will Car T Cells Smash Tumors?

New trials take the therapy beyond the blood

Marketplace

Sponsored Product Updates

Getting More Consistent Results by Knowing the Quality of Your Protein
Getting More Consistent Results by Knowing the Quality of Your Protein
Download this guide from NanoTemper to learn how to identify and evaluate the quality of your protein samples!
Myth Busting: The Best Way to Use Pure Water in the Lab
Myth Busting: The Best Way to Use Pure Water in the Lab
Download this white paper from ELGA LabWater to learn about the role of pure water in the laboratory and the advantages of in-house water purification!
Shimadzu's New Nexera UHPLC Series with AI and IoT Enhancements Sets Industry Standard for Intelligence, Efficiency and Design
Shimadzu's New Nexera UHPLC Series with AI and IoT Enhancements Sets Industry Standard for Intelligence, Efficiency and Design
Shimadzu Corporation announces the release of the Nexera Ultra High-Performance Liquid Chromatograph series, incorporating artificial intelligence as Analytical Intelligence, allowing systems to detect and resolve issues automatically. The Nexera series makes lab management simple by integrating IoT and device networking, enabling users to easily review instrument status, optimize resource allocation, and achieve higher throughput.
IDT lowers genomic barriers with powerful rhAmpSeq™ targeted sequencing system
IDT lowers genomic barriers with powerful rhAmpSeq™ targeted sequencing system
Increasing accuracy and reducing cost barriers, IDT’s innovative system delivers simple and cost-effective amplicon sequencing