Apple snaps up a movie about Theranos founder Elizabeth Holmes

'Don't Look Up' duo Adam McKay and Jennifer Lawrence are teaming up again on 'Bad Blood.'

Mark Blinch / reuters

Apple will fund and distribute a long-in-the-works movie about embattled Theranos founder Elizabeth Holmes. Bad Blood will star Jennifer Lawrence as Holmes, while Adam McKay will write and direct. Both are producers on the project, which is a coproduction between Apple Studios and Legendary.

The movie, which is based on the book Bad Blood: Secrets and Lies in a Silicon Valley Start Up by former Wall Street Journal reporter John Carreyrou, has been in development since at least 2016, as Deadline notes. The film will depict the rise and fall of Holmes and her company.

Hype around the blood-testing startup led to Holmes becoming the youngest self-made billionaire. Accusations and charges of fraud led to her stepping down as CEO in 2018 and the company liquidating later that year. Holmes is currently on trial for fraud.

Bad Blood is far from the only film and TV project about Theranos and Holmes. Hulu greenlit a miniseries in 2019 with Saturday Night Live star Kate McKinnon pencilled in to play Holmes. She dropped out earlier this year, and was replaced by Amanda Seyfried. An HBO documentary about the Theranos saga premiered in 2019.

Meanwhile, Lawrence and McKay recently worked together on the Netflix film Don't Look Up, which hits theaters this weekend and will be available to stream on December 24th. It's a satire about two astronomers (played by Lawrence and Leonardo DiCaprio) who try to warn humanity about a catastrophic comet that's set to collide with Earth.