Bill Gates pledges $50m to London-based fund fighting dementia

Nov 14, 2017 ·

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Microsoft’s billionaire founder Bill Gates has pledged $50m (£38.2m) to a London-based fund seeking to tackle dementia.

Launched in 2015, the Dementia Discovery Fund (DDF), is operated by SV Health, a venture capital firm, and focused on finding and creating new alternative therapies to combat the disease, which is expected to affect the lives of 1 million people in the UK over the next six years.

Gates explained he was "joining the fight" at an inflexion point in the condition’s study, highlighting a breakthrough was required to allow people to enjoy longer lives.

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