Alphabet names its first new company to oversee

The first company formed under Alphabet’s control will focus on life sciences.

Alphabet President Sergey Brin announced on Google+ that the team behind Google’s smart contact lenses is graduating from the Google X lab. The standalone company, which has yet to be officially named, will be led by Andy Conrad. Before becoming the life sciences team’s CEO, Conrad was actually in charge of Google Life Sciences at the Google X lab. So the move for this team will not bring much change. Corporate structure seems to be the only thing experiencing noticeable change.

A Google spokesperson sent Gizmodo the following description of the new team:

The life sciences team at Google is focused on helping to move health care from reactive to proactive. Combining expertise from the fields of biology, chemistry, physics, medicine, electrical engineering, computer science, we’re developing new technology tools for physicians that can integrate easily into daily life and help transform the detection, prevention, and management of disease. Current projects in development include a smart contact lens with miniaturized glucose sensor; a nanodiagnostics platform to help with early detection of disease; and Liftware utensils for people with tremors.

The products being worked on by the life sciences team are not yet available to the public; therefore, Alphabet is presumably going to be funneling a lot of resources into their projects. With time, Alphabet hopes to see those projects become consumer-ready and generate new revenue. Brin noted that the goal for this team will be to “transform the way we detect, prevent, and manage disease.”

Source: Sergey Brin (Google+)
Via: Gizmodo

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