Elizabeth Holmes's Partner Has a New Blood-Testing Start-Up

[dalton99a]

https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html

https://archive.ph/G7B5C

Elizabeth Holmes’s Partner Has a New Blood-Testing Start-Up
Billy Evans has two children with the Theranos founder, who is in prison for fraud. He’s now trying to raise money for a testing company that promises “human health optimization.”
By Rob Copeland
May 10, 2025, 11:16 a.m. ET

Elizabeth Holmes is in prison for defrauding investors through her blood-testing company, Theranos. In the meantime, her partner is starting one of his own.

Billy Evans, who has two children with Ms. Holmes, is trying to raise money for a company that describes itself as “the future of diagnostics” and “a radically new approach to health testing,” according to marketing materials reviewed by The New York Times.

If that sounds familiar, it’s because Theranos similarly aimed to revolutionize diagnostic testing. The Silicon Valley start-up captured the world’s attention by claiming, falsely as it turned out, to have developed a blood-testing device that could run a slew of complex lab tests from a mere finger prick.

Mr. Evans’s company is named Haemanthus, which is a flower also known as the blood lily. It plans to begin with testing pets for diseases before progressing to humans, according to two investors pitched on the company who spoke on the condition of anonymity because they had agreed to keep the plans secret. Mr. Evans’s marketing materials, which lay out hopes to eventually raise more than $50 million, say the ultimate goal is nothing short of “human health optimization.”

...

[walkingman]

1. There are a lot of gullible people in this nation.

[Silent Type]

2. The concept of developing a group of tests for maintaining health, youthfulness, etc., is

laudable and might even be profitable for investors.

But you can’t over promise or flat out lie. At least Evans would have an argument that investors should have known risk of losing their money is extremely high.

[Iris]

3. What could go wrong?

[Bernardo de La Paz]

4. Fewer barriers with gutting SEC, FTC, and HHS (RFnKjr) at the tops. . . . nt