(Reuters) – Apple Inc
An Apple spokeswoman declined to comment.
The engineers are expected to work at a nondescript office in Palo Alto, California, close to the corporate headquarters, CNBC said.
The news comes at the time when the line between pharmaceuticals and technology is blurring as companies are joining forces to tackle chronic diseases using high-tech devices that combine biology, software and hardware, thereby jump-starting a novel field of medicine called bioelectronics.
Last year, GlaxoSmithKline Plc
U.S. biotech firms Setpoint Medical and EnteroMedics Inc
Other companies playing around the idea of bioelectronics include Medtronic Plc
The company’s shares were marginally up after the bell on Wednesday.
(Reporting by Divya Grover in Bengaluru; Editing by Sandra Maler and Lisa Shumaker)
Republished with permission from Reuters