When was the American privately held health technology company based in Palo Alto founded who's founder and CEO was Elizabeth Anne Holmes?
Elizabeth Holmes Elizabeth Anne Holmes ( ; born February 3, 1984) is an American entrepreneur and inventor. She is the founder and CEO of Theranos, a privately-held blood test company based in Palo Alto, California. In 2015, "Forbes" named Holmes as the youngest self-made female billionaire in the world due to a $9 billion valuation of Theranos. The next year Forbes revised her net value "From $4.5 Billion to Nothing". She was also named as "TIME's" "100 Most Influential People" of 2015. In 2016, after a series of journalistic and regulatory investigations that questioned the veracity of Theranos' claims, federal prosecutors began criminal investigations for potentially misleading investors and the government about the company's blood-testing technology. Following the revelation of potential fraud, "Fortune" named Holmes one of the "World's Most Disappointing Leaders". In 2016, the Centers for Medicare and Medicaid Services banned Holmes from owning, operating, or directing a diagnostic lab for a period of two years. That decision is under appeal.
Intersect ENT Intersect ENT (NASDAQ: XENT ) is a publicly traded health care equipment company based in Menlo Park, California. It manufactures drug-delivery devices used by Ear, Nose & Throat (ENT) clinicians in the treatment of sinusitis. Intersect ENT is best known for developing the first bioabsorbable drug-eluting sinus stent PROPEL, which delivers anti-inflammatory medication directly to the sinuses. The company holds over 20 issued patents in the United States and more than 80 patents and patent applications worldwide. The company was named on the Forbes list of "America's Most Promising Companies" and was also on the "Firece 15" list of "Most Promising Companies" in 2013.