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Theranos film rights reportedly find highest bidder

Theranos founder Elizabeth Holmes
Taylor Hill | FilmMagic | Getty Images
Theranos founder Elizabeth Holmes

Global entertainment company Legendary has won the rights to "Bad Blood," a film about Theranos, according to The Hollywood Reporter.

Legendary, the company behind "Inception," "Steve Jobs" and "Straight Outta Compton," won the competitive bidding process for a pitch package that includes the film rights to a book proposal about Theranos, the trade publication reports.

Embattled blood-testing start-up Theranos fell from grace when reports questioned the accuracy of its revolutionary blood tests. Theranos, once a darling of the start-up world, eventually withdrew two years' worth of test results amid regulatory scrutiny and broken business deals.

The film, which THR said will be distributed by Universal, will star Jennifer Lawrence as charismatic Theranos founder Elizabeth Holmes. Adam McKay, of "The Big Short," will write and direct "Bad Blood," according to THR.

For more on the film, read the full article at HollywoodReporter.com.

Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and Universal Pictures.