Bill Gates Donates $30m towards Alzheimer’s Diagnostic Test

Photo credit: Claudio Toledo

Billionaire philanthropist Bill Gates has donated $30 million towards incentivising the development of an Alzheimer’s diagnostic test, reports pharmafile. Back in 2017, Gates donated $100 million towards Alzheimer’s Disease research.

Gates joins former Estée Lauder chief Leonard Lauder, the Dolby Family and the Charles and Helen Schwab foundation, among others, in donating towards the launch of the Diagnostic Accelerator which aims to develop a “reliable, affordable, and accessible” diagnostic test for the neurodegenerative disease.

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Gates noted in a statement that current diagnostic tests “can be expensive and invasive.”  He added that: “most insurance plans in the United States won’t reimburse tests for Alzheimer’s. Patients often pay thousands of dollars out of their own pockets.”

The non-profit Bill & Melinda Gates Medical Research Institute (MRI) also launched into action in June; a venture that’s created a new vision for drug development with a clear focus on the millions of people that die annually from contracting diseases that are often overlooked in profit-driven pharma companies.

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