Gates’ big med­i­cal gift

The Gold Coast Bulletin - - NEWS -

BIL­LION­AIRE Mi­crosoft co­founder Bill Gates is to in­vest $A65 mil­lion in the De­men­tia Dis­cov­ery Fund, a venture cap­i­tal fund that brings to­gether in­dus­try and gov­ern­ment to seek treat­ments for the brain­wast­ing dis­ease.

The in­vest­ment – a per­sonal one and not part of Gates’ phil­an­thropic Bill & Melinda Gates Foun­da­tion – will be fol­lowed by an­other $A65 mil­lion, Mr Gates said.

De­men­tia, of which Alzheimer’s is the most com­mon form, af­fects close to 50 mil­lion peo­ple world­wide.

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