The Emerging Role of Technology Companies in the Life Science Marketplace, and It’S Ethical and Compliance Implications

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The Emerging Role of Technology Companies in the Life Science Marketplace, and it’s Ethical and Compliance Implications Abhiroop Gandhi ©2018 Verily Life Sciences LLC 1 Corporate Overview ©2018 Verily Life Sciences LLC 2 The Alphabet family Verily partners closely with Google teams on commercial tools and applications across the healthcare vertical. User Science Google Search, experience Cloud Advertising & Platform Maps Holistic Tools and health medical platforms Devices DeepMind YouTube Regulatory Software expertise and machine Research Android learning ©2018 Verily Life Sciences LLC 3 Our mission is to make the world's health information useful so that people enjoy healthier lives. ©2018 Verily Life Sciences LLC 4 How we achieve our mission Collect Organize Activate Verily + 3M Verily + Verily + All of Us Onduo ©2018 Verily Life Sciences LLC 5 The medtech world is moving fast. New, innovative approaches are being developed and commercialized. ©2018 Verily Life Sciences LLC 6 ©2018 Verily Life Sciences LLC 7 Key (emerging) risks 1. Black box of algorithms ©2018 Verily Life Sciences LLC 8 Key (emerging) risks 1. Black box of algorithms 2. Diagnosis inconsistencies ©2018 Verily Life Sciences LLC 9 Key (emerging) risks 1. Black box of algorithms 2. Diagnosis inaccuracies 3. Data sharing ©2018 Verily Life Sciences LLC 10 Key (emerging) risks 1. Black box of algorithms 2. Diagnosis inaccuracies 3. Data sharing 4. Liability. Who’s responsible for decisions? ©2018 Verily Life Sciences LLC 11 Key (emerging) risks 1. Black box of algorithms 2. Diagnosis inaccuracies 3. Data sharing 4. Liability. Who’s responsible for decisions? and… Ethical conundrums ©2018 Verily Life Sciences LLC 12 How should a Compliance Officer manage such risks? 1. Stay ahead ….of the business ©2018 Verily Life Sciences LLC 13 How should a Compliance Officer manage such risks? 1. Stay ahead of the business 2. Ability to see in to the future - crystal ball?? ©2018 Verily Life Sciences LLC 14 How should a Compliance Officer manage such risks? 1. Stay ahead of the business 2. Ability to see in to the future - crystal ball?? 3. Traditional risks continue of AKS, privacy breach, improper influence ©2018 Verily Life Sciences LLC 15 Guiding Principle Critically, you have to ask your organization.. It’s not “Can we do this?” ©2018 Verily Life Sciences LLC 16 Critically, you have to ask your organization.. It’s not Can we do this? But.. “Should we do this?” ©2018 Verily Life Sciences LLC 17 Thank you. ©2018 Verily Life Sciences LLC 18.

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