Tag: $50 million

Dementia Discovery Fund attracts $50 million investment from Bill Gates

Stuart Mitchell

The Dementia Discovery Fund (DDF) today announces a $50 million investment from Bill Gates. The investment is Gates’ first to accelerate progress toward disease-modifying therapies for Alzheimer’s disease. Mr Gates made the announcement on his blog. The DDF, managed by SV Health, is a unique venture fund focused entirely on discovering and developing novel therapies for dementia and was formed through the collaboration of leading pharmaceutical companies, the UK Department of Health and the charity Alzheimer’s Research UK (ARUK). Since its launch in October 2015, the DDF has made significant…

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Boeing Announces More Than $50 Million in Grants to Support Nonprofits Worldwide

Stuart Mitchell

Boeing has announced more than $50 million in grants to more than 500 nonprofit organizations across 50 countries globally. The annual contributions include a three-year commitment of more than $25 million in support of veterans’ recovery and rehabilitation programs and transition services. The charitable grants package will fund programs through 2018 and supplement an anticipated $117 million in company-wide business and employee contributions to similar causes—bringing Boeing’s total community investments to approximately $167 million this year alone. “We aspire to be a top performer in every area of our business,…

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