
Alphabet, Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Verily, a precision health company, and L'Oréal S.A. (OTC:LRLCY) announced Thursday a strategic partnership to further skin health.
What Happened: French fashion group L'Oreal said the beauty partnership with Google's precision health subsidiary will pursue two programs to better understand and characterize skin and hair aging mechanisms. This will help the French company's precision beauty tech strategy and product development.