Google Inc. is spinning off a new company that will focus on health and diseases associated with aging, CEO Larry Page announced Wednesday.
The new company, to be called Calico, will be led by Art Levinson, the former CEO of Genentech, who will be chief executive and a “founding investor” in the new enterprise, Page said.
“Art and I are excited about tackling aging and illness. These issues affect us all,” Page wrote in a post on his Google Plus account Wednesday. Page himself has wrestled with physical problems affecting his voice, although he did not mention that in his posting.
Levinson wrote in a separate post that the new company will take “a long-term view on aging and illness” and look at whether there are direct links “between certain diseases and the aging process,” among other things.
— From wire reports