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Microsoft founder Bill Gates and esteemed president of Estee Lauder Cosmetics, Leonard Lauder, announced that they will allocate $ 30 million over three years to encourage the development of new tests for the early detection of disease.
"The launch of the program came after the announcement in November of a personal investment of $ 50 million in the Dementia Discovery Fund," said Gates, a fund aimed at finding treatments for a disease that causes brain damage.
Gates stated that one of his motives was his personal experience with family members who were suffering from Alzheimer's disease.
The Alzheimer's Association noted that the disease affects nearly 50 million people worldwide and is projected to increase to more than 131 million by 2050.
Gates and Wooder provided the capital of base for the early diagnosis efforts of During the foundation, created by Lauder to develop drugs against Alzheimer's disease.
They will be joined by others, including the Dolby family, the Charles Foundation and Helen Schwab.
Funding provided under this initiative will be available to scientists and physicians working in academies, philanthropic institutions, and biotechnology companies around the world.
News (Gates and Wooder: $ 30 Million to Fight Alzheimer's Disease)
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