Elizabeth Holmes trial Week 11 recap: Holmes takes the stand

Elizabeth Holmes trial Week 11 recap: Holmes takes the stand
Theranos founder Elizabeth Holmes arrives with her mother Noel Holmes to attend her fraud trial at federal court in San Jose, California, U.S., November 17, 2021.Peter DaSilva/Reuters

The fraud trial of Theranos founder Elizabeth Holmes has run through its 11th week.

In a surprise move from the defense, Holmes took the stand late Friday afternoon.

Here's everything that happened in the trial in its eleventh week.

The prosecution rests

Prosecutors rested their case Friday after nearly three months of testimony from 29 witnesses, including doctors, patients, investors, and ex-employees.

Holmes takes the stand

In a surprise move late Friday, the defense called Holmes to testify. Holmes recalled her early vision for Theranos' technology to be a pill, and then a patch, that could administer medicine; the idea changed to machines when she learned "people were interested in a benchtop or tabletop device.""We worked for years with teams of scientists and engineers to miniaturize all the technologies in the laboratory," she testified.Holmes said she met venture capitalist Donald Lucas during Theranos' Series B round through someone who went to college with her father; she also described meeting subsequent investors Chris Lucas and Oracle founder Larry Ellison.
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