Verily raises $1 billion to expand its healthcare beyond research (GOOGL, AMZN, AAPL, JPM)

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Verily, the life sciences arm of Google-parent company Alphabet, raised $1 billion from investors to support its healthcare play beyond research. Verily plans to use the funds to bolster growth in key areas like investments in new strategic partnerships and potential acquisitions.

The influx of cash should help Verily’s ongoing

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