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Theranos Partner Launches AI Startup Amid Fraud Scandal

5/10/2025

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Summary

Story summary

Billy Evans, partner of Theranos founder Elizabeth Holmes, has successfully secured millions for his biotech startup, Haemanthus, which is revolutionizing AI medical testing. Despite Holmes serving an 11-year prison sentence for fraud, she continues to guide Evans. Haemanthus is set to harness light detection technology for diagnosing serious conditions like ALS and cancer with minimal biological samples.

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Story summary

Billy Evans, partner of Theranos founder Elizabeth Holmes, has successfully secured millions for his biotech startup, Haemanthus, which is revolutionizing AI medical testing. Despite Holmes serving an 11-year prison sentence for fraud, she continues to guide Evans. Haemanthus is set to harness light detection technology for diagnosing serious conditions like ALS and cancer with minimal biological samples.