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Google Is Now Alphabet, And That Spells Big Things For Healthcare

If you’re searching for reasons why Google has renamed itself Alphabet, here’s one: It positions the tech company to expand into health care, which could be very healthy for its long-term fortunes.

Google’s health care ambitions are no secret. In the past year alone, the company has teased a pill that would detect cancer, debuted a plan to map all the biomarkers in the human body, and reminded the media of a half-dozen other wild inventions that could change health care forever.

Just one small challenge: None of those inventions are ready for prime time. They’re probably not even ready for naptime, if Google executives are being honest.

But shifting from Google to Alphabet could catalyze a new wave of product development.