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Temasek Invests $800 Million in Google's Verily Life Sciences

publication date: Jan 26, 2017
Temasek, the sovereign wealth fund of Singapore, invested $800 million in Verily Life Sciences LLC of San Francisco. Verily is the former health sciences division of Google's R&D operations, now spun out into a separate company. For its $800 million, Temasek will own an unspecified minority stake in Verily. Verily aims to improve human health. So far, it has been involved in big data research and innovative medical products, especially those that provide real-time, continuous monitoring. Verily said Temasek brings valuable insight into foreign markets, especially in Asian countries. More details....

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