A few years ago, Elizabeth Holmes’ company Theranos made headlines for its promise to disrupt biotechnology with innovative blood testing. Now, Theranos is making headlines for allegedly fooling investors, consumers, and the media that they had a viable product.
In addition to media scrutiny, Theranos and Holmes are currently under investigation by the SEC and DOJ. So, what happened here and how can we learn to build a company that doesn’t run into ethical and legal scrutiny after years of hard work?
Keep reading to find out how to build an ethical and compliant company from the start and avoid an ethics scandal.