Verily, Alphabet's life sciences group, is investing big in developing technologies for the millions of people worldwide with diabetes.
Verily announced today that it is teaming up with pharmaceutical giant Sanofi to fund and spin out a new venture, Cambridge, Mass.-based Onduo, which is focused on helping clinicians and their patients manage the disease. The companies have tapped a new CEO to lead the startup, trained emergency-medicine physician Joshua Riff, from United Healthcare-owned Optum.