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Zuckerberg Philanthropic Arm Pledges USD 25M to Fund Researching COVID-19 Treatments

29Mar By AnkitaNo Comments

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Zuckerberg Philanthropic Arm Pledges USD 25M to Fund Researching COVID-19 Treatments

The Chan Zuckerberg Initiative, the philanthropic arm of Facebook founder Mark Zuckerberg and his wife Priscilla Chan, has announced plans to team up with the Bill and Melinda Gates Foundation to donate USD 25 million to a research fund exploring possible COVID-19 treatments. "I'm really proud to share that (The Chan Zuckerberg Initiative is) going to be joining Gates and others to put together something they're calling the therapeutics accelerator to fight coronavirus," Chan told "CBS This Morning" co-host Gayle King. Chan told King that their goal is "to fund a group to screen all the drugs that we know have potential effects against coronavirus."Zuckerberg said one drug can often be used to treat multiple diseases. "You can basically take all those drugs that have already been ...

Jack Ma offers 1 Million Masks to USA

Chinese billionaire businessman Jack Ma offered the United States 500,000 coronavirus test kits and a million masks, as the country faces a shortage of kits for diagnosing the potentially deadly disease. In a statement on Twitter, the founder of e-commerce giant Alibaba said, "drawing from my own country's experience, speedy and accurate testing and adequate protective equipment for medical professionals are most effective in preventing the spread of the virus.""We hope that our donation can help Americans fight against the pandemic!" he said in the statement, which was posted by the Jack Ma Foundation.Ma, who is China's richest man, said that over the past weeks, his organizations had helped provide similar supplies to virus-hit countries such as Japan, South Korea, Italy, Iran and Spa...

Facebook CEO Mark Zuckerberg, Priscilla Pledge $3 Billion to Cure All Diseases

Facebook CEO Mark Zuckerberg and his wife Priscilla Chan will spend USD 3 billion over the next ten years on their ambitious goal aimed at helping to eradicate all diseases by the end of this century. The goal is to "work together to cure, prevent or manage all diseases within our childrens lifetime," Chan, who is a pediatrician, said during an event in San Francisco for the Chan Zuckerberg Initiative, the couples philanthropic group. Speaking through tears, Chan recalled telling parents their child had an incurable disease or could not be revived, experiences she said made her even more determined to work with scientists and engineers to build new tools that can save lives by the end of the century. The investments will include creating research tools from software to hardware to...