TLDR · BIG TECH & STARTUPS

ELIZABETH HOLMES'S PARTNER HAS A NEW BLOOD-TESTING START-UP

nytimes.com6 min read

Summary from the TLDR newsletter

While Elizabeth Holmes is in prison for defrauding investors through Theranos, her partner, Billy Evans, plans to start his own blood testing company. Evans is trying to raise money for a blood-testing company with a machine that bears more than a passing resemblance to Theranos' infamous blood-testing machine. The company, Haemanthus, is still in stealth, and not much information is available about it. It aims to eventually raise more than $50 million. Haemanthus plans to first address the pet health care market before progressing to humans.