Elizabeth Holmes, the former chief executive of theranos, will begin trial in March next year. The previous plan was that the Holmes case would begin in October, but the outbreak of the new coronavirus has delayed the plan.
at a hearing on the zoom platform on Tuesday, U.S. District Judge Edward Davila of San Jose, California, informed Holmes, his lawyers and federal prosecutors of the new schedule. Jury selection will begin on March 9, and the opening statement is scheduled to begin on March 16.
Holmes and his ex boyfriend, former theranos president Ramesh balwani, have been accused of lying that the company’s equipment can be tested countless times with a drop of blood in order to deceive investors and doctors and patients who mistakenly believe the test results. Theranos, backed by a number of well-known investors and leading venture capital firms, was valued at $9 billion before it was disbanded on suspicion of fraud.