When Google restructured into the holding company known as Alphabet, one of the perks
was that Larry Page and the former heads of Google can finally turn all their attention
from the search engine to incubating new and innovative efforts.
Alphabet bets on healthcare and medicine as the next big thing.
The signs are everywhere.
No other company in the Silicon Valley is investing so heavily in related companies
as them.
In only the past five years, they filed almost 200 healthcare-related patents.
So let's take a deeper look at their efforts.
Google Ventures, Alphabets' venture capital arm , is taking an equity stake in companies
trying to limit aging and improve how we treat diseases by researching areas like genomics,
cell therapy or biotechnology.
One of the most famous companies in their portfolio is 23andme , a direct-to-consumer
genetic testing company with one of the biggest DNA databases in the world.
But in their diverse portfolio we can also find Oscar Health , the New York-based venture
disrupting health insurance; Doctor on Demand , a telehealth company, helping people talking
to physicians from afar; and Impossible Foods that's developing plant-based meats and
cheese.
In 2014 Google fought off Facebook to acquire DeepMind — a
London-based AI lab working on solving artificial general intelligence.
The company made headlines after its AlphaGo program beat the Go world champion in a five-game
match.
A more generic version of the program, the AlphaZero , thought itself to play go, chess
and shogi on a professional level, after a few hours of playing against itself, using
reinforcement learning.
In terms of healthcare, Alphabet's strategy is to use DeepMind's AI to mine medical
records to provide better and faster health services.
These words are not just empty phrases; DeepMind can process hundreds of thousands of medical
information within minutes.
After the Alphabet restructuring, Google Life Sciences became an independent subsidiary
named Verily . It's a research organization devoted to the study of life sciences with
amazing projects on their slate.
They are developing disease detecting nanoparticles, health tracking contact lenses and wristbands,
and surgical robots in partnership with Johnson and Johnson.
Their so-called Project Baseline is a giant effort to collect genetic, molecular, and
wearable device information from enough people to create a baseline of what a healthy human
should be.
In line with Silicon Valley's quest for longevity, in 2013, the co-founder of Google,
Larry Page, announced that his company would form a company named Calico to figure out
the secret to lengthen life and conquer death.
It's probably Alphabet's biggest moonshot.
They run a very secretive business, but they have a partnership with the pharma-giant Abbvie
to accelerate the discovery, development, and commercialization of new therapies.
From Alphabet and Abbvie, Calico has a 1.5-billion-dollar budget and has around 100 employees.
As of this day Calico hasn't announced any drugs or biotech products, but once they do,
it could be a real gamechanger.
In conclusion; no matter whether it's about genomics, artificial intelligence, longevity
or health management, Google is there, trying to push the boundaries, trying to come up
with revolutionary breakthroughs.
And in spite of the complex health regulations and slow cultural transformation that is going
on in the field, it is sure that Google & Co. will become a significant player in the future
of healthcare.
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