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Tuesday, 14 November 2017

Bill Gates makes personal donation of £38 million to help fight Alzheimer's

Written by The Press Association

Bill Gates said he is giving 50 million US dollars (£38 million) to help fight Alzheimer's disease.

The Microsoft co-founder said the donation to the Dementia Discovery Fund is personal and not through his charitable foundation.

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, Mr Gates said men in his family have suffered from Alzheimer's, adding that he is hopeful that in time Alzheimer's could be a chronic condition treatable with medication.

Mr Gates said the first treatments for the disease might not be feasible for a decade or more and would initially be expensive.

He added that the Gates Foundation might consider how to expand access in poorer countries when treatments are developed.

Copyright (c) Press Association Ltd. 2017, All Rights Reserved. Picture (c) AP Photo / Seth Wenig, File / PA.