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Justin Sullivan/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Verily, Alphabet's secretive healthcare moonshot, is overhauling its leadership structure and cutting down on CEO Andy Conrad's direct reports. A new chief operating officer took over a lot of Conrad's responsibilities. There's also a new tech chief, and the company is looking for chief marketing, revenue, and information officers. Meanwhile, Verily in December raised $700 million in a new round of f...

Share Alphabet’s life sciences and healthcare subsidiary Verily has raised $700 million in an investment round funded by its existing investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. WHAT IT DOES Verily serves as Alphabet’s research arm that develops tools and devices to collect, organize and activate health data. It also creates interventions to prevent and manage disease. The company often partners with other health-focused organizations to bring these innovations to life at scale. Past partnerships include a digitally driven diabete...

Alphabet health company Verily bolsters warchest with another $700 million CNBC 12/17/2020 Jennifer Elias Alphabet's life sciences arm Verily says it has raised $700 million of fresh capital in its latest funding round. It comes nearly two years after raising $1 billion from the same external investors. The company says the funds will go toward expanding research including its insurance efforts and its healthcare platform Baseline, which it has used for Covid-19 research. © Provided by CNBC Dr. Jessica Mega, Verily's chief medical officer Verily, the life sciences arm of ...

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