Google’s investment makes us live longer
Internet and advertisement giant Google in a newly founded company Calico. Google will finance this company in the quest for reverse the aging process and extend human life.
Former Google board member Arthur Levinson, best known as the ex-CEO of biotechnology pioneer Genentech will head Calico. Levinson resigned from Google’s board nearly four years ago.While running Google, Levinson will keep continuing his job at Genentech and also Apple where he holds a position.
Internet and advertisement giant Google in a newly founded company Calico. Google will finance this company in the quest for reverse the aging process and extend human life.
Former Google board member Arthur Levinson, best known as the ex-CEO of biotechnology pioneer Genentech will head Calico. Levinson resigned from Google’s board nearly four years ago.While running Google, Levinson will keep continuing his job at Genentech and also Apple where he holds a position.
The new company will focus on issues including life-threatening diseases and problems affecting mental and physical agility due to aging.It will be run separately from Google, the world’s largest Internet search company.
According to Google CEO Larry Pagehe focus on health, comes from Google’s co-founder himself who battles with personal ailments. Earlier this year, he disclosed he was diagnosed with left vocal-cord paralysis, a condition that restricts vocal-cord movement, and is also experiencing impairment on the right side. Page said “Illness and aging affect all our families “With some longer term, moonshot thinking around health care and biotechnology, I believe we can improve millions of lives.” Google is stepping up investments in areas outside its core online-advertising and consumer-services business. The search provider has already put money into health-related companies through its venture arm, called Google Ventures, among other sectors. The Mountain View, California-based company has also worked on longer-term bets through a research unit that’s unveiled plans for computerized eye glasses and driverless cars. Google’s announcement didn’t include any details on the size of the new health-care company or the scope of the investment.
According to Google CEO Larry Pagehe focus on health, comes from Google’s co-founder himself who battles with personal ailments. Earlier this year, he disclosed he was diagnosed with left vocal-cord paralysis, a condition that restricts vocal-cord movement, and is also experiencing impairment on the right side. Page said “Illness and aging affect all our families “With some longer term, moonshot thinking around health care and biotechnology, I believe we can improve millions of lives.” Google is stepping up investments in areas outside its core online-advertising and consumer-services business. The search provider has already put money into health-related companies through its venture arm, called Google Ventures, among other sectors. The Mountain View, California-based company has also worked on longer-term bets through a research unit that’s unveiled plans for computerized eye glasses and driverless cars. Google’s announcement didn’t include any details on the size of the new health-care company or the scope of the investment.
The new venture comes after Levinson stepped down from Google’s board in 2009, a move that resolved a regulatory probe into overlapping directors at Google and Apple. Both companies have continued to compete in more areas, including on mobile devices and in software.
Tim Cook, who took over as Apple’s CEO after Steve Jobs died in 2011 at the age of 56 from complications of pancreatic cancer, praised Levinson in the Google statement.
Life of our families and friends has been cut short or the quality of their life is too often lacking and new ventures are required.“Art is one of the crazy ones who thinks it doesn’t have to be this way. Page’s health condition can result in hoarse speech and labored breathing, though according to doctors won’t impede him from running the company.
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