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Switzerland: Novartis teams with Google in high-tech contact lens JV

By  |  July 15, 2014

Swiss pharmaceutical giant Novartis announced plans to launch a joint venture with Google to develop a high-tech contact lens that will monitor the glucose levels of diabetic patients that wear the technology.

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    According to reports, Novartis’s Alcon eye care unit will join secretive research lab Google X to develop the lens. The joint venture will require antitrust approval, however.

    Google had already developed a prototype of the lens and first announced the product in January.

    Now, Novartis will reportedly expand upon that prototype and said it is open to exploring new applications for the technology

    Full content: Entrepreneur

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