Alphabet Inc., the parent company of Google (NASDAQ:GOOGL) is aggressively hiring all the best talents they can find in health care and biotech. They are known to pick up the best heads in computer engineering. But Alphabet has never been so aggressive in poaching the top talents in health care and life sciences before.
Larry Page and Sergey Brin, the co-founders of Google, have said in the past that Google will never become a health care company. But in spite of this, Google is now focusing big time on the sector that is estimated to be worth more than $3 trillion. Both of their venture arms, Capital G, earlier known as Google Capital, and GV that used to be called Google Ventures is investing money in the space.
Alphabet’s Initiatives in the Health Care Space
A subsidiary of Alphabet, Sidewalk Labs wants to use technology for solving big urban problems. They have recently posted job listings and are looking for health care professional, which includes a chief health officer, engineers, and a head of community health under their “Care Labs” initiative. With the listing, they have mentioned how care delivery may evolve in the digital age.
There is also Calico, the drug development division of Alphabet, which focuses on longevity, and also Verily, the life sciences arm of Google. They too have been hiring heavily in health care and life sciences.
Some Big Names Have Joined Alphabet Already
The biggest hire so far, of course, has been Arthur D. Levinson, who was the CEO of Genentech before, and a former Chairman of Apple, who is now the CEO of Calico. Tom Insel, who used to head the National Institute of Mental Health, has also joined Verily. There is also Jessica Mega at Verily. She is a renowned cardiologist from the Harvard Medical School and Brigham and Women’s Hospital.
Presently, Alphabet is looking for the best robotics experts, academic researchers and computational biologists. Competitors in the life sciences industry have mixed feelings about Alphabet’s recruiting.
Cynthia Yee from Windham Venture Partners said, “Of all the tech companies, Google (NASDAQ:GOOGL) has been most prominent in establishing new operations in life sciences. In the short-term, we’ll see some biotech and health startups struggle to match the salary and compensation that an established company like Alphabet can offer”.