January 18, 2019
This morning Alphabet’s life science subsidiary Verily announced that its Verily Study Watch and its on-demand ECG feature landed a 510(k) clearance from the FDA.
The watch is a prescription-only device, and was designed to record, store, transfer and display single-channel ECG rhythms. The company said the device’s ability to take on-demand, single-lead ECG can be used for individual patient...
January 4, 2019
This morning Alphabet life science subsidiary Verily announced a staggering $1 billion in new venture funding led by Silver Lake, with participation from Ontario Teacher’s Pension Plan and other global investment management firms. As part of the deal, Silver Lake Managing Partner and Director Egon Durban will be nominated to the company’s operating board, as will Ruth Porat, chief financial...
January 3, 2019
Just in time for those New Year’s resolutions, Lifesum, a Swedish health tracking app, will now be available to Google Assistant users. This integration will allow users to keep a record of their meals, water consumption and weight by talking to their Google Assistant.
Users can access the system by saying “Hey Google, talk to Lifesum,” according to a press release. Once opened the user can tell...
December 20, 2018
Alphabet’s business interests cover a wide range of industries, and healthcare is certainly among them. With each passing year, Alphabet (or Google, or Verily) unveils a growing collection of tech-driven partnerships and healthcare tools — read on for a compilation of the company’s news in 2018.
January 4: Cityblock Health, the urban-focused public health startup that spun out of Alphabet’s...
November 16, 2018
Four years after announcing an ambitious — and often ridiculed — project to create a glucose-sensing contact lens along with Novartis subsidiary Alcon, Alphabet's Verily is throwing in the towel, the company announced in a blog post today. It will continue to work on two other medical contact lens projects, aimed at presbyopia and cataract surgery recovery.
"Our clinical work on the glucose-...
October 19, 2018
Distrust in the healthcare system is a major obstacle in providing needed care to some of the most vulnerable populations in the US.
“[M]illions of Americans all across the country … are failed by the healthcare system everyday. Specifically we don’t understand the services that they need,” Iyah Romm, founder and CEO of Cityblock Health, an Alphabet spinout focused on urban-focused public health...
August 15, 2018
Alphabet, the parent company of Google, is investing $375 million in Oscar Health, the technology-driven health insurer cofounded by Mario Schlosser and Joshua Kushner, brother of White House advisor Jared Kushner.
The funds will help move the New York City-based insurer into its next phase of expansion, entering the Medicare Advantage market.
"Today, we are announcing Alphabet's plans to invest...
July 11, 2018
Alphabet subsidiary Verily is teaming up with well-known sleep company ResMed to form a new venture that will focus on developing sleep apnea treatments and connected health products.
The latest venture will look at the health and financial impacts of sleep apnea. The companies plan on developing new software that will have advanced analytics and machine learning capabilities, Dr. Carlos Nunez,...
June 20, 2018
In a recent review, an independent group of panelists raised questions about UK-based AI company DeepMind’s business model, relationship with parent company Alphabet, and potential to monopolize its industry.
The Google subsidiary has been partnering with the National Health Service for the last few years and working with the system to implement its AI technology. While the company has been...
June 8, 2018
The road to digital innovation in the pharma and healthcare space is going to take players across industries — from tech developers and engineers to researchers and clinicians, according to a panel of digital-focused VPs speaking at BIO 2018 in Boston.
Tech is opening up new avenues in research and development, as well as access to data from EHRs and other databases. In the past, the healthcare...