Apple pays for Jennifer Lawrence to play Elizabeth Holmes in new Theranos movie

Apple says it’ll produce a film about former Theranos CEO Elizabeth Holmes, with Jennifer Lawrence of Hunger Games fame within the starring position. The film, to be directed by Succession creator Adam McKay, shall be based mostly on the bestselling e-book Bad Blood: Secrets and Lies in a Silicon Valley Startup by former Wall Street Journal reporter John Carreyrou. He wrote the first news stories detailing Theranos’ issues, whilst the corporate and Holmes had been being lauded in Silicon Valley.

Holmes is at present on trial dealing with 11 counts of wire fraud and conspiracy to commit wire fraud after it was found that Theranos’ blood testing know-how didn’t meet the requirements it claimed to traders. At the time of its unraveling, Theranos was valued at $9 billion, and Holmes was labeled the youngest self-made billionaire and featured on Fortune’s 40 beneath 40 listing. Later in 2016, Holmes was named one of many world’s most disappointing leaders. She faces as much as 20 years in jail, if convicted.

The movie is the one other confirmed undertaking in regards to the Theranos scandal. Earlier this yr, Hulu confirmed that it will be making a docuseries starring Amanda Seyfried.