Bill Gates, the co-founder of Microsoft, announced he is investing $100 million to fund research for Alzheimer's disease. $50 million will go towards a Dementia Discovery Fund, and the other $50 million will be used for Alzheimer's research.
Dementia currently affects 50 million people. That number is expected to rise to 131 million people by the year 2050. Gates would like to use his Microsoft background to build a dementia data platform which would help researchers identify patterns of the disease worldwide.
As of today, there are no drugs or treatments to slow the progression of Alzheimer's. But Gates is hopeful they will be able to discover new treatments within the next 10 years.