Google has been massively (and quietly) increasing its presence in the regenerative medicine sector for several years.
In February 2016, Google’s life sciences business, Verily Life Sciences, announced it was negotiating terms to lease a giant 400,000-square-foot facility formerly occupied by Onyx Pharmaceuticals, a company acquired by Amgen for $9.7 billon in 2013.
The facility in Mountain View, California, is about 30 miles north of Alphabet Inc., the holding company for Google (NASDAQ: GOOG). It could support as many as 1,000 Verily Life Sciences employees. Land is also included in lease, a rarity in the Bay Area, allowing Verily the potential for future expansion. [Read more…]