Google search, Google maps, Google Glass... Google biotech?
It may seem like a departure from the tech giant's existing business, but Google (GOOGL 2.70%) announced yesterday that it will help fund a new health-care company called Calico, which will target diseases related to aging. Details on the company's strategy, research and development process, and how much Google will be investing in the project are still unknown. However, biotech enthusiasts have a number of reasons to be excited about, namely the man who will be taking the helm of this new venture. In the following segment from The Motley Fool's health-care show Market Checkup, analyst Max Macaluso discusses what he thinks the company will be doing and what the impact is for investors today.
