From earliest recorded history, a procession of emperors, alchemists and charlatans have searched in vain for the mythical elixir of life. So perhaps it should be no surprise that the hunt for a cure for ageing is the latest investment fad among the gods of our time: US technology entrepreneurs.
Larry Ellison, founder of Oracle, and Peter Thiel, co-founder of PayPal and an early Facebook backer, are among those to have poured personal wealth into the quest. They were joined last year by Google, whose secretive biotech start-up, Calico, is receiving hundreds of millions of dollars from the internet group to support its bid to unlock the secrets of ageing…
…Google’s potential to use its powers of data analysis to advance medical science has made big pharma take notice. In September, AbbVie, the US drugmaker, agreed an alliance with Calico that will see the pair jointly invest up to $1.5bn to develop treatments for age-related conditions….
The Silver Economy: Silicon Valley joins quest to ‘cure’ ageing
I had not heard about Google’s creation of Calico – the California Life Company – until reading this article. Awfully promising to see private money be invested, although it makes one wonder if/when life expansion is available, will it be priced only to those in the 1% who so abuse the remaining 99%?
Anyway, musings on that particular topic are for another time/space, please read the full article here – The Silver Economy: Silicon Valley joins quest to ‘cure’ ageing
Leave a Reply