Tuesday, August 26, 2025

Verily Closes Medical Device Efforts


Verily, "eliminated its entire medical devices program" this week.  See an open-access story at TechCrunch and a subscription article at Business Insider, Alphabet's life sciences arm,    

Alphabet has a market cap of about $2 trillion, of which Google Search is about 80% of revenue.  Its life sciences businesses (Verily, Calico) are tiny by comparison.

What Verily Did/Does?

According to a web search by Chat GPT 5, experimental or discontinued projects at Verily included a spoon for tremors (acquied Liftware), a glucose-sensing contact lens, a retinal camera, and miniatured glucose monitors in collaboration with Dexcom.   

In a future that is absent "devices," Verily life sciences interests could include AI oriented toward digital health startups, pharma, healthcare systems improvements.  Lightpath, for example, is an AI-powered chronic care app in development.  

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In mid-2024, Verily announced it was shifting its headquarters to Dallas-Ft. Worth.  Nicole Ward at DallasInnovates.com writes,

  • Verily, born as a moonshot project at Google X, has consistently pursued ambitious goals in healthcare technology. 
    • The company develops advanced tools and solutions to help patients, providers, and researchers navigate the healthcare landscape. Its offerings range from consumer-facing products like diabetes management apps and retinal screening devices to sophisticated data analytics platforms for healthcare professionals.
  • Since establishing its Dallas office, Verily has rapidly emerged as a force in Dallas-Fort Worth’s growing healthcare and tech ecosystem.
Separate from Verily, Ward notes an ARPA-H hub was expected at DFW-Pegasus Park, and a $5B investment in pediatric health and innovation was expected at DFW-UT-SW.

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Past leadership at Verily included Dr Amy Abernethy and Dr Andrew Conrad (now at S32 VC).  Stephen Gillett is CEO since 2023; prior positions included Symantec (as COO) and Best Buy.

I occassionally hesitate between "Dr Conrad" (early CEO at Veriy, now in VC) and "Dr Conway," who went from CMS to Optum.