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Bill Gates gives $50 million to combat Alzheimer’s

Mon., Nov. 13, 2017, 11:54 a.m.

FILE - In this Monday, Feb. 22, 2016 file photo, Microsoft co-founder Bill Gates is personally donating $50 million to the Dementia Discovery Fund. (Seth Wenig / Associated Press)
FILE - In this Monday, Feb. 22, 2016 file photo, Microsoft co-founder Bill Gates is personally donating $50 million to the Dementia Discovery Fund. (Seth Wenig / Associated Press)

SEATTLE – Bill Gates says he’s giving $50 million to help fight Alzheimer’s disease.

The Microsoft co-founder said Monday that the donation to the Dementia Discovery Fund is personal and not through his charitable foundation.

The London-based private fund is backed by government, charities and pharmaceutical firms and seeks new treatments for the progressive, irreversible neurological disease.

In a statement , Gates said men in his family have suffered from Alzheimer’s. He said he’s hopeful that in time, Alzheimer’s could be a chronic condition treatable with medication.

Gates said the first treatments for the disease might not be feasible for a decade or more and would initially be expensive. He said the Gates Foundation might consider how to expand access in poorer countries when treatments are developed.