Elizabeth Holmes: Billionaire Who Built Her Fortune in the Healthcare Industry

Inspiring Entrepreneurs & Business Leaders Healthcare & Wellness Business Ideas 22.11.2015  0 101 0
Elizabeth Holmes: Billionaire Who Built Her Fortune in the Healthcare Industry

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Young billionaire Elizabeth Holmes is often compared to the globally renowned Steve Jobs. It is said that a printed biography of Jobs hangs in Elizabeth's office, indicating he serves as an inspiration to her.

An Unusual Patent - The Start of a Successful Project

Elizabeth Holmes showed entrepreneurial spirit even during her school years when she independently learned Chinese. These skills proved valuable when, at 19, she embarked on a summer internship at the Genome Institute in Singapore. While working at the institute, frequent visits to laboratories sparked an idea in her mind that modern diagnostic methods needed improvement.

Holmes' first unconventional idea was a patch patent that not only delivered medications through the skin but also monitored blood indicators, which were then transmitted to the treating doctor's phone. Elizabeth was so passionate about realizing her project that a year after returning from Singapore, she dropped out of university and invested all her savings into developing new techniques. Once again, Elizabeth Holmes demonstrated that an innovative approach and bold implementation of unconventional ideas can lead to staggering success in a short time.

A New Level of Blood Analysis

Today, Elizabeth is among the 400 renowned billionaires globally, the owner of the evolving company Theranos, holding 16 patents in the US and over 66 in other countries.

Theranos is in a developmental phase, gradually gaining momentum in its achievements. The company is involved in what seems like routine blood research. The key difference is that for evaluating over 70 indicators, laboratories need only a microscopic amount of blood. The sample collection is painless and ideal for individuals requiring constant monitoring of various blood substances, including the elderly and children.

An important factor accelerating the project's success is the price for these analyses, which is four times lower than in diagnostic clinics. The company's website displays rates that allow patients to understand what they are paying for, a rarity in the medical field where prices are often arbitrary.

Support and Criticism in the Medical World

Currently, Theranos is rapidly expanding, following the plan of "blood analysis within 5 km of every American." The firm receives support from Walgreens, a widely known pharmacy chain. The pharmaceutical corporation plans to place Theranos laboratories throughout its network, the second largest in the US.

At the same time, Elizabeth refuses to disclose the essence of her methods to the scientific community, citing commercial secrecy. Thus, conservative figures in the medical industry view the girl's success with skepticism, believing that her unverified methods undermine established diagnostic practices.

Ignoring critics and skeptics, Elizabeth Holmes confidently advances towards her goal, effortlessly overcoming any challenges. Elizabeth can rightfully be grouped with the 10 most influential women in the world.

If you enjoyed this article, share it on social media, showcasing to your friends an exemplary modern medical project that is one of the most profitable.

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22.11.2015  0 101 0
Healthcare & Wellness Business Ideas Innovation & Technology Service Industry Business Ideas Startup Success Stories & Insights
Business Trends & Emerging Opportunities Inspiring Entrepreneurs & Business Leaders Success Stories
Стив Джобс Theranos Элизабет Холмс Walgreens
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