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| Calico CEO Art Levinson |
Google's stealthy biotech Calico is setting up shop inside the Buck Institute for Research on Aging in Novato, CA, after hammering out the latest in a long lineup of deals to collaborate on a new generation of therapeutics. For South San Francisco-based Calico, the deal gives the biotech a chance to fund new work on projects "ranging from basic biology to potential therapies for age-related diseases," which is Calico's area of expertise. Calico in turn will get an exclusive option on the rights to any discoveries made in the collaboration, with the biotech establishing its own operations at the Buck. Calico, which is headed by the legendary Art Levinson, has rapidly spread its research tentacles into a range of institutes in search of crafting together a major pipeline of new drugs, all with the financial backing of Google ($GOOG), which has some of the deepest pockets on the planet. Story