Partner of ex-Theranos founder Elizabeth Holmes raising money for new blood-testing startup: report
The new company sounds somewhat similar to the venture that landed Elizabeth Holmes behind bars
SAN FRANCISCO (KGO) -- The partner of Theranos founder Elizabeth Holmes is raising millions of dollars for a new company that sounds somewhat similar to the venture that landed her behind bars.
Billy Evans is the father of Holmes' two children.
MORE: Court denies ex-Theranos CEO Elizabeth Holmes' petition to have fraud conviction appeal reheard
According to The New York Times, he's now raising money for what he calls the "future of diagnostics," a company that would test blood, saliva or urine for disease biomarkers.
That was the premise of Holmes' Silicon Valley blood-testing company Theranos.
RELATED: Convicted Theranos founder Elizabeth Holmes opens up from prison: Here's what she's up to
She raised $700 million for that venture before it was exposed as fraud.
She's now serving an 11-year prison sentence in Texas.
This past week, a federal appeals court rejected a bid by her lawyers to have her conviction appeal reheard.
