SAN JOSE (CALIF) A former director of Theranos' lab testified that he believed that Theranos was the next Apple, but then he realized that the company's top executives prioritized the company’s finances over patient health.
Adam Rosendorff worked for Theranos between 2013 and late 2014. He told a jury that he quit because Elizabeth Holmes, then-CEO, and her top lieutenants made him "vouch" for tests in which he didn't have confidence.
Rosendorff is a witness in Holmes' criminal trial. Holmes and Ramesh Balwani, former president of Theranos, pleaded not guilty in the criminal trial. This was after their company collapsed to $9 billion. Balwani will be tried separately.
Rosendorff stated that he discovered Theranos via a job post on LinkedIn. Holmes, Balwani, and Daniel Young interviewed him.
Rosendorff stated that he was a big believer in laboratory testing using a small finger prick sample. He said, "I thought it would be the next Apple."