The Google company that used to be named Life Sciences was just renamed Verily. With the change, the firm focused on health now has a new URL, www.verily.com.
News of the name change, reported by Stat News, comes at a time that the Google received approval from the U.S. Patent and Trademark Office of a patent on Dec. 3 for a Needle-Free Blood Draw device. Verily previously got patents for smart contact lenses and cloud-connected sensors for glucose level monitoring.
Verily is an independent Google company that focuses on better understanding of health and the prevention, detection and management of diseases. However, all three patents it has publicized are all geared for diabetics.
Other ailments where Verily would focus include cardiovascular diseases, cancer, mental health and neurodegenerative ailments, reports The Wall Street Journal.
A company spokesman stresses that Verily wants to bring together technology, science and medicine to a place where it could have the largest impact on diseases. It is a part of Alphabet which was once known as Google and restructured in August as an Alphabet holding company.
It resulted in Google's main online businesses such as search, YouTube and Android free from other more speculative and longer-term ventures such as Nest which connects homes, Fiber which is an internet service provider and what was then known as Life Sciences.
With these changes, Alphabet CEO and Google co-founder Larry Page hopes company officials would be free to focus on growing more efficiently its core operations with lesser distractions. Meanwhile, executives of the newer businesses are free to go after opportunities without having to worry about its effect on Google.