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SAN JOSE, Calif.—A federal jury convicted Ramesh “ Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes, on all 12 charges that he helped perpetuate a yearslong fraud scheme at the blood-testing startup.The verdict is the second conviction against Theranos leadership and comes six months after a jury found Ms. Holmes guilty of fraud; it secures another major victory for the U.S. government, which brought the case against the pair…

SAN JOSE, Calif.—A federal jury convicted Ramesh “ Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes, on all 12 charges that he helped perpetuate a yearslong fraud scheme at the blood-testing startup.The verdict is the second conviction against Theranos leadership and comes six months after a jury found Ms. Holmes guilty of fraud, securing another major victory for the U.S. government, which brought the case against the pair in…

Doctors in some countries are frequently prescribing a Covid-19 antiviral from Merck & Co., as safety concerns about a more effective pill from PfizerInc. mixing with other medications take on greater importance than elsewhere. Merck’s drug, which it developed with Ridgeback Biotherapeutics LP, has been administered to patients more than Pfizer’s Paxlovid in Australia, Japan and Italy, despite research showing Paxlovid to be much better at keeping people out of hospitals. Doctors in some countries are frequently…

The fate of Ramesh “Sunny” Balwaniis now in the hands of a dozen jurors after a federal judge on Friday handed them the criminal-fraud case with instructions to decide whether the former Theranos Inc. president deceived investors and patients in a high-profile Silicon Valley saga.The conclusion of testimony and arguments in the white-collar case follows a marathon four days of closing arguments. Mr. Balwani’s defense spent more than 11 hours making its case to the jury that Mr. Balwani, who was the longtime chief…

Government prosecutors in the criminal-fraud trial of Theranos Inc.’s former second-in-command, Ramesh “Sunny” Balwani, made their final pitch to the jury in closing arguments Tuesday, as the Silicon Valley case moves closer to a resolution.Assistant U.S. Attorney Jeff Schenk said that Mr. Balwani, longtime president and chief operating officer of the now-defunct blood-testing startup, had full knowledge of the fraud he was committing because he was in charge of Theranos’s laboratory and was well-informed of its many…

Government prosecutors in the criminal-fraud trial of Theranos Inc.’s former second-in-command, Ramesh “Sunny” Balwani, made their final pitch to the jury in closing arguments Tuesday, as the Silicon Valley case moves closer to a resolution.Assistant U.S. Attorney Jeff Schenk said that Mr. Balwani, longtime president and chief operating officer of the now-defunct blood-testing startup, had full knowledge of the fraud he was committing because he was in charge of Theranos’s laboratory and was well-informed of its many…

Writer and producer Danny Strong was unaccustomed to high-ranking television executives calling him at odd hours for in-depth discussions about a project.That changed when he began making shows for Dana Walden, who last week was thrust into the role of chairman of Walt Disney Co. DIS 0.06% ’s General Entertainment Content unit, a job that comes with oversight of more than 300 shows and an annual budget of around $10 billion. Already one of…

Canadian health authorities approved Amylyx Pharmaceuticals Inc.’s new drug for amyotrophic lateral sclerosis, the progressive neurodegenerative disease that robs patients of their ability to move and speak.It is the first Canadian approval since 2018 for a new drug treating the fatal condition, which is also known as Lou Gehrig’s disease. The action by Health Canada on Monday could put more pressure on U.S. drug regulators to issue their own approval, though some Food and Drug…

SAN JOSE, Calif.—Lawyers for Ramesh “Sunny” Balwani called their second and final witness and rested their brief defense of the onetime Theranos Inc. executive charged with a dozen counts of criminal fraud.Mr. Balwani didn’t testify in his own defense. Thursday’s testimony from technical consultant Richard Sonnier brings the trial, which follows the conviction of Theranos founder and Chief Executive Elizabeth Holmes in January,…

Prosecutors on Friday rested their case against Ramesh “Sunny” Balwani— the top deputy and close confidant to Theranos Inc. founder Elizabeth Holmes —as the government seeks another fraud conviction against the leaders of the defunct blood-testing startup. Over nine weeks that included testimony from 24 witnesses in San Jose, Calif., prosecutors sought to convince a jury that Mr. Balwani conspired with Ms. Holmes to defraud investors and patients about the startup’s…