Biotechnology

Google to Break Ground on Life-Prolonging Research Facility

Former Staff Writer
2 min read

Roughly one year after tendering a founding investment in biotech company Calico, Google is breaking ground on a brand new Bay Area research facility with a lofty life-prolonging aim.

To this end, Calico has also forged a partnership with a Chicago-based biopharmaceutical company called AbbVie, in order to develop drugs that will tackle aging and age-related diseases such as neurodegeneration and cancer. A forthcoming state-of-the-art research and development center will house this secretive and vastly experimental work.

Each company will contribute between $250 million and $1.5 billion in funding, according to a press release. The affiliation will call for Google-backed Calico’s far-out findings, spearheaded over the next five years, to be eventually tested for commercial viability by AbbVie. “Both parties will share costs and profits equally,” the companies said.

Related: If You Could, Would You Want to Live Forever? Google Thinks You Might

“Last fall, [Google co-founder] Larry Page and I announced Calico, a new company designed to take the long-term view on aging and illness,” wrote Calico chief executive Arthur Levinson in a Google+ post announcing the collaboration yesterday. “Our goal is to make progress on a very basic challenge: how to help people stay healthier for longer.”

Levinson, who also serves as Apple's chairman of the board, created Calico alongside Google’s Page, who notably suffers from a rare nerve condition that affects his ability to speak.

Calico is by no means Google’s only stab into the health-care sector. Despite expressing reservations in regards to entering the heavily regulated space, the company has begun collecting anonymous genetic information from 175 volunteers in order to build a perfect model of human health. The Baseline Study, as the project is called, is part of the company’s “moonshot” division, Google X.

Related: Google Wants to Build a Model of Perfect Human Health

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.