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FOCUS-Alphabet's Verily bets on long-term payoff from virus-...

HEALTH-CORONAVIRUS/VERILY (FOCUS, PIX):FOCUS-Alphabet s Verily bets on long-term payoff from virus-testing deals ....

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Alphabet's Verily bets on long-term payoff from virus-testing deals

Alphabet s Verily bets on long-term payoff from virus-testing deals
Reuters
1/25/2021
By Paresh Dave
© Reuters/MARIO ANZUONI
Vehicles line up at a self-swabbing coronavirus disease (COVID-19) test at a Rite Aid drive-thru during the outbreak of COVID-19, in Pasadena
By Paresh Dave
OAKLAND, Calif. (Reuters) - For Alphabet Inc s Verily, a healthcare venture that is one the tech giant s most prominent other bets, the coronavirus pandemic offered an immediate business opportunity.
Starting last February, the company shifted many of its about 1,000 employees to developing software for governments and employers to manage coronavirus testing.
It quickly landed major customers including the state of California, which records show paid Verily $49.6 million to use its Baseline software to schedule virus tests. ....

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