How philanthropy assists current medical research

Medicine depends heavily on the research done behind the scenes and it is partly financed by philanthropists.

Some medical research can reach conclusions that are unusual in terms of the treatments they come to. For example, in 2017, medical research concluded that olive oil has properties that can protect the brain from Alzheimer’s disease. Experts from the UK and Switzerland found that items, such as olive oil and green tea, help to enhance the level of anti-bodies that protect 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 give to the medical departments of universities. Ronald Perelman is one of the greatest donators in the world, and has given money to build entire departments, such as the department of Dermatology at an American university. Universities produce a number of the largest medical breakthroughs, so these donations are imperative to the progression in our understanding of medicine. Universities supply a great deal of research as they are not limited by investing as much time working in hospitals treating people; instead they use their energy to find out how to enhance treatment plans, instead of administering it themselves.

Medical experts and scientists use much of their time and supplies sourcing cures for diseases or improving existing approaches. One of the more recent improvements has been the steps made towards curing multiple sclerosis. In 2017 this was one of the leading sections of medical research news, and this research is only made achievable by the financing made by charitable groups, governing bodies or philanthropists such as Michael de Picciotto. Without the funding, a number of the medical breakthroughs made recently would not have been feasible. Much of the research is costly and involves a tremendous volume of labour, technological equipment and testing. Multiple sclerosis affects about 2.3 million people around the world, so the research made is vital and life altering for many individuals.

One of the largest investment projects for medical research is towards cancer research, which is about the most widespread diseases worldwide. Nevertheless, with the generous contributions by philanthropists the progress made is significant. This area is one of the greatest medical research topics, so it demands the most financial support. This need for financing 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 funding from the general public, which shows the size of the matter. As affluent individuals can give tremendous amounts in one sum, this money can be used to create entire establishments which do some of the most essential research. In countries such as the UK, with a national health service, it is vitally crucial that they receive contributions from the public, as this will enable them to provide better treatment and do more thorough and extensive research.

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