Reuters: Technology News: Google to create new health firm, headed by Genentech chairman

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Google to create new health firm, headed by Genentech chairman Sep 18th 2013, 16:30 Tweet Share this Email Print A Google logo is seen at the entrance to the company's offices in Toronto September 5, 2013. Credit: Reuters/Chris Helgren SAN FRANCISCO | Wed Sep 18, 2013 12:30pm EDT 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. "And please remember that new investments like this are very small by comparison to our core business." (Editing by Jeffrey Benkoe) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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