Bill Gates Announces $100M In Personal Funding For Dementia, Alzheimer’s Research
Financial Times: Gates joins Alzheimer’s fight with $50m dementia fund investment
“Bill Gates has made his first move to support Alzheimer’s disease research, with a $50m investment in the London-based Dementia Discovery Fund. The DDF provides venture finance for companies developing innovative treatments for Alzheimer’s and related neurodegenerative diseases…” (Cookson, 11/13).
Reuters: Bill Gates makes $100 million personal investment to fight Alzheimer’s
“…The investment — a personal one and not part of Gates’ philanthropic Bill & Melinda Gates Foundation — will be followed by another $50 million in start-up ventures working in Alzheimer’s research, Gates said. With rapidly rising numbers of people suffering from Alzheimer’s and other forms of dementia, the disease is taking a growing emotional and financial toll as people live longer, Gates told Reuters in an interview…” (Kelland, 11/13).