Gates Pledges $100M to the Holy Grail of Science--Alzheimer’s

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Gates to invest $50 million in the Dementia Discovery Fund and another $50 million in a number of start-up ventures working on Alzheimer’s research.

LONDON (Reuters) - Billionaire Microsoft co-founder Bill Gates is to invest $50 million in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for the brain-wasting disease.

The investment is not part of Gates’ philanthropic Bill & Melinda Gates Foundation and will be followed with another $50 million in a number of 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.

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