Bill Gates pledges $50mn for Alzheimer’s research

WASHINGTON: Microsoft cofounder Bill Gates announced on Monday that he is investing $50 million to fund research into treatment for Alzheimer’s disease. Gates, in an entry on his blog, said he was making the investment from his personal fortune and not with his charitable Bill & Melinda Gates Foundation.He is investing in the London-based Dementia Discovery Fund, a private-public venture that supports innovative research into dementia.