Bill Gates Invests $100 Million To Combat Alzheimer’s

SEATTLE (AP) — Bill Gates says he’s giving $100 million to help fight Alzheimer’s disease.

gettyimages 850286096 Bill Gates Invests $100 Million To Combat Alzheimers

NEW YORK – SEPTEMBER 20: Bill Gates listens to former U.S. President Barack Obama answer questions at the Gates Foundation Inaugural Goalkeepers event on September 20, 2017 in New York City. (Photo by Yana Paskova/Getty Images)

The Microsoft co-founder said Monday that $50 million of the donation will go to the Dementia Discovery Fund. The donation is personal and not through his charitable foundation, Gates says.

The other $50 million will go to start-up ventures that conduct Alzheimer’s research.

The London-based private fund is backed by government, charities and pharmaceutical firms and seeks new treatments for the progressive, irreversible neurological disease.

In a statement, Gates says men in his family have suffered from Alzheimer’s. He says he’s hopeful that in time Alzheimer’s could be a chronic condition treatable with medication.

Gates says the first treatments for the disease might not be feasible for a decade or more and would initially be expensive. He says the Gates Foundation might consider how to expand access in poorer countries when treatments are developed.

(© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Dallas / Fort Worth

Drip Pan: CBS Local App
Drip Pan: Weather App
Drip Pan: Only CBS

Watch & Listen LIVE