Lawyer Reacts: The Dropout Episode 7 #ElizabethHolmes | Summary and Q&A

TL;DR

In episode 7 of "The Dropout," Theranos faces accusations of inaccurate test results and Elizabeth Holmes meets media mogul Rupert Murdoch.

Key Insights

• 😷 Theranos faced serious complaints from physicians and patients about inaccurate test results, leading to potentially harmful medical decisions.
• ✋ Elizabeth Holmes used her connections to try and stop the publication of a damaging investigative report, but failed.
• ❓ Rupert Murdoch's investment gave Theranos a temporary boost but did not prevent the investigation from proceeding.
• 🤘 Tyler Schultz showed bravery and conviction by refusing to sign non-disclosure agreements and standing by his earlier statements against Theranos.

Transcript

Read and summarize the transcript of this video on Glasp Reader (beta).

Questions & Answers

Q: How did Elizabeth Holmes respond to the accusations of inaccurate test results in episode 7?

Elizabeth Holmes appeared on Mad Money with Jim Cramer and tried to downplay the allegations, quoting a modified version of a famous Mahatma Gandhi quote. She also wrote an op-ed before the publication of an investigative report.

Q: What role did Tyler Schultz play in episode 7?

Tyler Schultz, the grandson of George Schultz, refused to sign a new non-disclosure agreement and affidavit presented by Theranos lawyers. He stood by his convictions and refused to recant his earlier statements about Theranos.

Q: What significance did Rupert Murdoch's investment have in episode 7?

Rupert Murdoch invested $125 million in Theranos but refused to intervene to stop the investigative report by John Carreyrou. While he did give Theranos a positive media opportunity, the article did not have the desired effect of diverting attention from the investigation.

Q: How did Sonny Balwani assert his control over the situation in episode 7?

Sonny Balwani replaced Mark D'Andrea with Sunil Dawan, a dermatologist who lacked the necessary background and experience to be a lab director. This move was seen as an attempt to have someone who would not cause any waves or question the company's practices.

Summary & Key Takeaways

• Theranos faces complaints from physicians and patients about inconsistent and inaccurate test results from their Edison machine.

• Cancer patients and their oncologists report problems with the markers provided by Theranos, leading to incorrect treatment decisions.

• Elizabeth Holmes meets Rupert Murdoch, who invests $125 million in Theranos, and attempts to stop the publication of an investigative report.