Former Google Ireland CEO John Herlihy takes up new role on board of Serenus
Published 14/06/2015 | 02:30
Former Google Ireland chief John Herlihy has taken up his first new role since leaving the online search giant in April. Herlihy ran Google for 10 years, building it up into one of the largest multinational players in the country as it expanded into Silicon Docks.
Herlihy has joined the board of Serenus Biotherapeutics as part of an $18m fundraising round by Malin, the fast-growing biotech investor led by John Given and former Elan chief Kelly Martin.
Herlihy's appointment to Serenus is significant, given Google's recent moves into the healthcare space, with the top secret Google X labs teaming up with Novartis to develop a high-tech contact lens to measure blood sugar in tears, which may be used to detect diabetes.
Google has also been ramping up its analytic functions in the health space as it seeks new ways to generate revenues.
Serenus Biotherapeutics is an African-focused drugs company that aims to customise and adapt western drugs to "address unmet medical needs with high regional prevalence in the African market".
The $18m fundraising round was part of Malin's $100m spend on buying stakes in biotech groups over the last week.
Sunday Indo Business