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SEP 18, 2013 - Yahoo! News

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Google to create new health firm, headed by Genentech chairman

SAN FRANCISCO (Reuters) - Google Inc said it plans to set up a new company called Calico, headed by Apple Inc and Genentech Chairman Art Levinson, to develop technologies to tackle health issues related to aging. Google Chief Executive Larry Page said in a Web posting on Wednesday that the new company appeared to diverge from "what Google does today." "Don't be surprised if we invest in projects that seem strange or speculative compared with our existing Internet businesses," he wrote on his Google+ profile. ...

Tags: Google to create new health firm, headed by Genentech chairman,  Google Latest News