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Google launches healthcare company
The Financial Times ^ | September 18, 2013 | Richard Waters

Posted on 09/19/2013 11:25:43 AM PDT by 2ndDivisionVet

Google has launched a healthcare company to attack some of the most difficult scientific problems in diseases related to ageing, marking the biggest step yet beyond its core internet business.

Larry Page, chief executive, unveiled the venture, called Calico, with a characteristically ambitious and vague claim that “with some longer term, moonshot thinking around healthcare and biotechnology, I believe we can improve millions of lives”.

While outlining a highly ambitious overall goal for the new company, however, Google did not disclose any information about how much it would invest in the venture, which areas of healthcare science the spin-off company would specialise in, or what the initiative was likely to lead to in terms of new products.

The new venture is to be headed by Art Levinson, the chairman of biotech company Genentech, which was bought by Roche in 2009. Mr Levinson is also the chairman of arch-rival Apple, as well as a former Google director, a role he had to abandon during a US antitrust investigation of overlapping directorships at a number of Silicon Valley companies.

Mr Page only described the investment as “very small by comparison to our core businesses”(continued)

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: google; healthcare; longevity; obamacare

1 posted on 09/19/2013 11:25:43 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Yet another AIDS research facility run by and for queers.


2 posted on 09/19/2013 11:27:27 AM PDT by Westbrook (Children do not divide your love, they multiply it.)
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To: 2ndDivisionVet

imagine that...

and who did they support last election?

I stopped going to goggle as a default search engine when they celebrated Chesar Chavez Birthday instead of Easter

Mickeysoft is not much better, but that was an insult way over the top


3 posted on 09/19/2013 11:28:30 AM PDT by Mr. K (Lies, Damned Lies, Statistics, and then Democrat Talking Points.)
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