AI Snips
Chapters
Transcript
Episode notes
Walgreens' Big Bet
- Wade Miquelon, Walgreens CFO, oversaw their Theranos deal, initially captivated by the disruptive technology.
- Despite internal excitement and a codenamed "Project Beta," Walgreens invested $140 million, mirroring Safeway's corporate FOMO.
The Dermatologist Lab Director
- Dr. Sunil Duan, Sunny's dermatologist, served as Theranos' lab director for a minimal time commitment.
- Despite signing hundreds of documents, he had limited interaction with the lab and learned of issues through media reports.
Theranos's Downfall
- Dr. Duan's limited lab experience and reliance on media reports highlight Theranos's internal struggles.
- This situation underscores the company's desperation to maintain momentum amidst mounting challenges.