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Wednesday, September 21, 2016

Facebook's Mark Zuckerberg pledges $3bn to wipe out 'all disease'

Mark Zuckerberg announces the Chan Zuckerberg Initiative to "cure, prevent or manage all disease" by the end of the century during a news conference at UCSF Mission Bay in San Francisco, California, U.S. September 21, 2016. REUTERS/Beck Diefenbach
Image Caption:Mark Zuckerberg announced the plan at a news conference in San Francisco
Mark Zuckerberg and his wife have pledged more than $3bn towards an ambitious plan to rid the world of disease.
The Facebook founder and his wife, paediatrician Priscilla Chan, said the goal was to "cure, prevent or manage all disease within our children's lifetime".
Investment will go towards research into cancer and infectious disease as well as heart and neurological disease, the couple said.
The plans were revealed during an event in San Francisco for their philanthropic group, the Chan Zuckerberg Initiative, on Wednesday.
Dr Chan said they launched the initiative following the birth of daughter Max last year, with the goal of dramatically improving the lives of all other children in her generation.
She recalled experiences of telling parents their child had an incurable disease or could not be revived, and said her role as a doctor had made her determined to work with scientists to help save lives.
Mark Zuckerberg and his wife Priscilla.
Image Caption:Mark Zuckerberg and Priscilla Chan pictured before the birth of daughter Max
Zuckerberg said the funding would bring scientists and engineers together, build tools and technology needed to help fight disease and also grow the movement to fund science.
The tech billionaire said 50 times more is spent on treating people who are ill than finding cures.
"We can do better than that," he said.
Mark Zuckerberg announces the Chan Zuckerberg Initiative to "cure, prevent or manage all disease" by the end of the century during a news conference at UCSF Mission Bay in San Francisco, California, U.S. September 21, 2016. REUTERS/Beck Diefenbach
Image Caption:The couple hugged on stage after announcing the $3bn funding
The Chan Zuckerberg Initiative mission statement states: "We want every child to grow up in a better world.
"Our hopes for the future centre on two ideas: advancing human potential and promoting equality.
"We'll focus first on personalised learning, curing disease, connecting people and building strong communities.
"We will make long-term investments over 25, 50 or even 100 years because our greatest challenges require time to solve."
The couple announced in December 2015 that they planned to give away 99% of their Facebook shares to fund good causes.

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