Monday , May 27 2024

Gates Third World Health Fund

Bill Gates may be Satan, but at least he gets the concept that the developed world can no longer insulate itself from the problems of the developing world – it’s a small world after all. Gates wants scientists to focus on curing and mitigating the diseases of the Third World – he could do worse things with his money:

    Saying that medical science has solved the “easy” problems of the rich world, Microsoft founder Bill Gates on Sunday announced a $200 million fund aimed at luring researchers into finding original cures for the poor world’s ailments.

    The $200 million grant from the Bill & Melinda Gates Foundation will be used to set up the Grand Challenges in Global Health initiative, which will dole out money in grants of up to $20 million each to scientists around the world.

    “By accelerating research to overcome scientific obstacles in AIDS, malaria, and other diseases, millions of lives could be saved,” Gates told reporters in a telephone interview.

    “Of the, say, 1,500 new medicines that have been approved in the last 25 years, only 20 of those have related to the diseases of the developing countries,” added Gates, who was to announce the new fund at a meeting of the World Economic Forum in Davos, Switzerland.

    “Rich world diseases we’ve gotten. All the easy ones have been done … If you look at the focus of the research activity, it’s either focused specifically on rich world diseases or it’s at a basic level that doesn’t directly apply to those problems.”

    According to the Global Forum on Health Research, only 10 percent of medical research centers on the diseases that cause 90 percent of the health burden in the world. [Reuters]

Check out the sales ranks of the books below – this is a pretty good indication of how much we care about this problem.

About Eric Olsen

Career media professional and serial entrepreneur Eric Olsen flung himself into the paranormal world in 2012, creating the America's Most Haunted brand and co-authoring the award-winning America's Most Haunted book, published by Berkley/Penguin in Sept, 2014. Olsen is co-host of the nationally syndicated broadcast and Internet radio talk show After Hours AM; his entertaining and informative America's Most Haunted website and social media outlets are must-reads: Twitter@amhaunted,, Pinterest America's Most Haunted. Olsen is also guitarist/singer for popular and wildly eclectic Cleveland cover band The Props.

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