Alphabet 's biological sciences arm Verily has raised $ 1bn in a funding round led by private equity company Silver Lake Partners . How the latest cash injection will be applied has not been disclosed by the notoriously secretive firm , but the founder of Google 's parent company Ruth Porat and the Managing Director of Silver Lake Partners Egon Durban will both join Google 's operating board . The biological sciences division is currently working in partnership with Walgreens Boots labs to develop medication adherence and digital solutions for chronic diseases , as well as exploring mental health and substance abuse issues .
Alphabet's life sciences arm Verily has raised $1bn in a funding round led by private equity company Silver Lake Partners. How the latest cash injection will be applied has not been announced by the notoriously secretive firm, but the CFO of Google's parent company Ruth Porat and the Managing Director of Silver Lake Partners Egon Durban will both join Verily's operating board. The biological science division is currently working in partnership with Walgreens Boots Alliance to investigate medication adherence and digital solutions for chronic diseases, as well as exploring mental health and substance abuse crises.