Elizabeth Holmes trial: Walgreen's paid $100 million to Theranos, invested $40 million more, witness says - NewsBreak
By Alexdemarco in Business
Updated 3 years ago
Drugstore giant Walgreens paid Palo Alto blood-testing startup Theranos $100 million, and invested $40 million more in the failed company, a former Walgreens executive testified at Theranos founder Elizabeth Holmes' criminal fraud trial Wednesday. Walgreens agreed in 2012 to pay Theranos a $100 million "innovation fee" and invest the additional...