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Temasek pumping US$800 million into Alphabet's medical unit

It will get minority stake and board seat in Verily; deal will help latter expand into China
Saturday, January 28, 2017 - 05:50

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Temasek's investment supports the move by Alphabet CEO to run each of his subsidiaries as independent companies.

San Francisco

ALPHABET Inc's medical arm, Verily Life Sciences LLC, is getting a major influx of cash from a Singapore investment company, boosting the odds of taking their futuristic approach to healthcare into Asian markets.

Temasek Holdings Pte Ltd, with US$415.8 billion in

sentifi.com

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