8 Facts About Theranos

1. In 2013, Theranos announced a partnership with Walgreens to launch in-store blood sample collection centres.

2. In 2014, Theranos was valued at $9 billion, making Holmes, who was touted as "the next Steve Jobs", the youngest self-made female billionaire in the world.

3. In 2004, Theranos was based in a rented basement near the Stanford campus.

4. In February 2016, Theranos announced that it would permit the Cleveland Clinic to complete a validation study of its technology.

5. In July 2016, Theranos announced that the CMS had revoked its CLIA certificate and issued sanctions prohibiting its owners and operators from owning or operating a lab for two years, suspension of approval to receive Medicare and Medicaid payments, and a civil monetary penalty.

6. In July 2016, Theranos received sanctions from the CMS, including the revocation of its CLIA certificate and prohibition of Holmes and other company officials from owning or operating a lab for two years.

7. In September 2013, Theranos partnered with Walgreens to offer in-store blood tests at more than 40 locations.

8. In 2004, Theranos was based in a rented basement located near the Stanford campus.