BRIEF // Verily, an Alphabet branch specializing in precision health, has received a new financial boost from Google’s parent company. It is considering making acquisitions and forming strategic partnerships.
The Gafam continue their offensive in health. New illustration with Verily, an Alphabet subsidiary specializing in health, which announced that it had raised 1 billion dollars. The operation was led by Google’s parent company.
Spun off in 2015 from X, the US firm’s secret innovation lab, Verily focuses on precision health and develops devices and software that aim to improve data collection, processing, research and patient care. .
Verily intends to use this new financing to make acquisitions and form strategic partnerships. This subsidiary notably got its hands on the American start-up SignalPath to extend its clinical trial system, and joined forces with L’Oréal to understand the mechanisms of hair and skin aging and develop a digital diagnostic service for dermatology professionals.