Sunday, July 20, 2014

The Motley Fool: Why Google Could Transform How We See

Google (NASDAQ: GOOGL  ) (NASDAQ: GOOG  ) has started making a significant push into wearables, with medical/health care-related applications among the prime targets. Some readers may already have heard of the company's efforts to develop a glucose-sensing smart contact lens that could continuously monitor glucose levels and interface with mobile devices, allowing diabetics more freedom and convenience.

Count eye care giant Novartis (NYSE: NVS  ) among those who have noticed. Novartis and Google announced on Tuesday that they would work together on smart contact lenses targeting both glucose monitoring and presbyopia. It's hard to say how close to reality (or clinical trials) a functional device might be, but this partnership just may change the landscape of the glucose monitoring market presently dominated by companies like Johnson & Johnson (NYSE: JNJ  ) , Abbott Labs, Roche and Medtronic.

Read the full article here:
Why Google Could Transform How We See

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