Alphabet Inc.’s experimental medical technology unit Verily halted one of its longest-running projects on Friday: the development of a contact lens that measures glucose levels of people with diabetes.
Read MoreTech has already had a major impact on the healthcare industry in areas such as medical record systems, connected medical devices, telemedicine software, and a growing number of digital therapeutics startups that help patients manage chronic conditions at home. And over the last few years, the largest tech companies in the world have begun to bolster both internal development of healthcare products as well as their private market activity in the health sector.
Read MoreVerily recently announced the launch of a new smartwatch called the Study Watch that will be focused on use in medical research studies.
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