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Billy Evans, partner of convicted fraudster Elizabeth Holmes, is launching a new blood-testing company, Haemanthus. The company, which has already secured millions in funding, uses AI to analyze blood and other bodily fluids. While Evans and Haemanthus deny any connection to Theranos, similarities in technology and approach have raised concerns. Haemanthus claims a fundamentally different approach and asserts Holmes has no involvement, though she continues to pursue healthcare technology patents from prison.

Prepared by Christopher Adams and reviewed by editorial team.