Alphabet has been preparing for two years to sell its life sciences unit, Verily, a company executive told a court Thursday (Oct. 2). “We are in the process of helping them become an independent company,” Adkins said, speaking of Verily, according to the report. This is the first time a Google executive has said the company aims to spin off Verily, the report said. Alphabet led a $1 billion investment round for Verily in September 2022. The company said its curation and enrichment capabilities support a research ecosystem made up of proprietary and third-party datasets that can be accessed and analyzed.