Google's Life Sciences will now be a standalone company under Alphabet, after being Owned by Google X

By MoneyTimes

Aug 24, 2015 08:38 AM EDT

Google's Life Sciences is now a standalone entity that will be a wholly owned subsidiary of Alphabet after being under Google X.

According to Alphabet President Sergey Brin, Google Life Sciences head Andy Conrad would still head the department. In a Google+ post, Brin said only the reporting structure will change, but the goal will still be the same. The team will continue to work with other life sciences companies to transition new technologies from R&D stage to clinical testing. This will enhance the way diseases are detected, prevented, and managed.

Google's Life Sciences is now a standalone entity that will be a wholly owned subsidiary of Alphabet after being under Google X.

According to Alphabet President Sergey Brin, Google Life Sciences head Andy Conrad would still head the department. In a Google+ post, Brin said only the reporting structure will change, but the goal will still be the same. The team will continue to work with other life sciences companies to transition new technologies from R&D stage to clinical testing. This will enhance the way diseases are detected, prevented, and managed.

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics