The effect of philanthropy on different areas of medical research

Medical research is helped by generous philanthropists, and here are three philanthropists that are helping to fund current research.

Some medical research can reach conclusions that are unexpected in terms of the remedies they come to. For example, in 2017, medical research determined that olive oil has properties that can protect the brain from Alzheimer’s disease. Experts from the UK and Switzerland learned that goods, such as olive oil and green tea, help to enhance the level of anti-bodies that defend the brain from Alzheimer’s disease. The medical research made at these universities is funded both by the fees paid by students, but also by philanthropists who donate to the medical departments of universities. Ronald Perelman is one of the largest donators in the world, and has given money to create whole departments, such as the department of Dermatology at an American university. Universities provide a few of the largest medical breakthroughs, so these charitable donations are crucial to the progression in our knowledge of medical science. Universities supply so much research because they are not limited by investing as much time doing work in hospitals treating individuals; instead they utilise their energy to learn how to develop cures, instead of administering it themselves.

Healthcare experts and scientists use much of their time and supplies finding treatments for illnesses or improving current approaches. One of the more recent enhancements has been the steps made towards curing multiple sclerosis. In 2017 this was one of the leading pieces of medical research news, and this research is only made viable by the financing made by non profit organizations, government authorities or charitable people such as Michael de Picciotto. Without the investment, most of the medical discoveries made recently would not have been possible. Much of the research is costly and involves a big amount of labour, technological equipment and testing. Multiple sclerosis affects about 2.3 million people worldwide, so the research made is important and life altering for many people.

One of the main investment plans for medical research is towards cancer research, which is about the most prevalent diseases around the world. Even so, with the comprehensive charitable donations by philanthropists the progress made is considerable. This field is one of the largest medical research topics, so it will need the most financial support. This need for financial backing is met by charitable organisations and people such as Sean Parker who started a cancer immunotherapy institute. The biggest UK charity reportedly raises £650m a year in financial support from the public, which reveals the size of the matter. As affluent individuals can donate huge amounts in one sum, this capital could be used to establish entire institutions which do some of the most important research. In places such as the UK, with a public health service, it is extremely essential that they receive donations from the public, as this will allow them to provide much better treatment and do more thorough and extensive research.

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