Philanthropy helps the healthcare community by financing research, and this post looks at three examples.
Medical experts and scientists use much of their time and supplies finding cures for illnesses or improving current approaches. One of the more recent developments has been the steps made toward curing multiple sclerosis. In 2017 this was one of the largest pieces of medical research news, and this research is only made possible by the financing made by charitable groups, governments or charitable people such as Michael de Picciotto. Without the investment, a number of the medical discoveries made recently would not have been attainable. Much of the research is expensive and requires a huge volume of labour, technical gear and testing. Multiple sclerosis impacts about 2.3 million people globally, so the research made is important and life altering for lots of people.
One of the biggest investment programs for medical research is toward cancer research, which is about the most prevalent diseases around the world. Nevertheless, with the generous charitable contributions by philanthropists the progress made is extensive. This sector is one of the biggest medical research topics, so it will need the most financing. This need for financial support is met by charitable organisations and people such as Sean Parker who founded a cancer immunotherapy institute. The main UK charity reportedly raises £650m a year in financial support from the general public, which displays the scale of the matter. As affluent individuals can give large amounts in one sum, this capital could be used to create entire institutions which do some of the most essential research. In areas such as the UK, with a national health service, it is really important that they receive contributions from the public, as this will allow them to supply much better care and do more thorough and extensive research.
Some medical research can reach conclusions that are unexpected in terms of the solutions they come to. For example, in 2017, medical research determined that olive oil has properties that can defend the brain from Alzheimer’s disease. Experts from the UK and Switzerland learned that items, such as olive oil and green tea, help to enhance the level of antibodies 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 likewise by charitable people who donate to the medical departments of universities. Ronald Perelman is one of the largest donators in the world, and has donated money to create entire departments, such as the department of Dermatology at an American university. Universities provide some of the greatest medical breakthroughs, so these donations are vital to the progression in our knowledge of medicine. Universities supply a lot of research because they are not restricted by investing as much time working in hospitals treating people; instead they use their energy to understand how to better cures, rather than administering it themselves.