Published: Tue, November 14, 2017
Health Care | By Alberto Manning

Bill Gates donates £38 million to help fight Alzheimer's

Bill Gates donates £38 million to help fight Alzheimer's

Microsoft co-founder Bill Gates is ready for his next endeavor: joining the fight against Alzheimer's disease.

"Of all the disorders that plague us late in life, one stands out as a particularly big threat to society: Alzheimer's disease", said Gates in his blog titled "Why I'm Digging Deep Into Alzheimer's". "As a first step, I've invested $50 million in the Dementia Discovery Fund - a private fund working to diversify the clinical pipeline and identify new targets for treatment", wrote the founder of The Bill and Melinda Gates Foundation while stating that the investment is his own and not through the foundation.

The number of people suffering from Alzheimer's and other forms of dementia has increased in recent decades, taking an emotional and financial toll on patients and their families, Gates added.

Years have been spent in trying to find treatments for Alzheimer's, but so far, there have been no effective therapies to halt the progression of the disease.

Gates has called it a "huge" and "growing" problem, noting that "the scale of the tragedy-even for the people who stay alive-is very high". Current drugs can do no more than ease some of the symptoms.

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Mr. Gates said he is optimistic about finding a treatment with focused and well-funded innovation. While he acknowledged to Reuters that it will take "probably 10 years before new theories are tried enough times to give them a high chance of success", Gates told CNN that he believes there is a solution.

"I'm excited to join the fight and can't wait to see what happens next", Gates said.

Alzheimer's is the sixth leading cause of death in the U.S.

"I know how bad it is to watch people you love struggle as the disease robs them of their mental capacity, and there is nothing you can do about it", Gates wrote.

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