MedTech Dive September 12, 2022
Dive Brief:
- Google parent company Alphabet has led a $1 billion investment in its health technology business Verily, positioning it to forge ahead with its new focus on precision health.
- Verily is now focused on using data from a wide variety of sources to determine the best intervention for a person or community.
- The $1 billion will support initiatives including real world evidence generation and healthcare data platforms that underpin the precision health strategy, strengthening Verily’s position at a time when tech companies such as Amazon, Apple and Microsoft are targeting healthcare.
Dive Insight:
Verily, then known as Google Life Sciences, emerged from the semi-secret Google X R&D group in 2015. Since then, the company has made headlines...