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    Holmes's Husband Launches New Blood-Testing Company Amidst Fraud Scandal

    Elizabeth Holmes's husband is launching a blood-testing company, aiming to raise over \$50 million. This comes as Holmes serves an 11-year prison sentence for defrauding investors. The new company, Haemanthus, will initially focus on pet disease testing before expanding to humans. The news has already sparked comparisons to Theranos and early calls for a second season of the HBO series, 'The Dropout'. 'This is not Theranos 2.0,' the company insists, but the parallels are undeniable. The situation highlights the complex relationship between innovation, risk, and public trust in the biotechnology sector. The high-profile nature of the story, combined with its ethical and financial implications, makes it a compelling topic for a news article.

    3 months ago
    GB
    news summary
    biotech
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