PayPal Founder pledges $3.5 Million to antiaging research
2006-09-18
Posted on : 2006-09-18 00:00:00 by Admin
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Peter Thiel puts his weight behind Dr. Aubrey de Grey’s engineering blueprint for alleviating the debilities caused by aging

San Francisco – Peter A. Thiel, co-founder and former CEO of online payments system PayPal, Founder and Managing Member of Clarium Capital Management, a San Francisco-based hedge fund, and angel investor in social networking site Facebook, has announced his pledge of $3.5 Million to support scientific research into the alleviation and eventual reversal of the debilities caused by aging, to be conducted under the auspices of the Methuselah Foundation, a charity co-founded and Chaired by Dr. Aubrey de Grey.

Mr. Thiel commented "Rapid advances in biological science foretell of a treasure trove of discoveries this century, including dramatically improved health and longevity for all. I’m backing Dr. de Grey, because I believe that his revolutionary approach to aging research will accelerate this process, allowing many people alive today to enjoy radically longer and healthier lives for themselves and their loved ones.

Mr. Thiel will donate a total of $500,000 over the next three years to fund pilot research projects intended to deliver early stage validation of the “SENS” approach to combating the debilitation caused by aging.

Additionally, from now until the end of 2009, Mr. Thiel promises to match every Dollar donated to the Methuselah Foundation for SENS research with a 50 cent matching contribution from himself, up to a maximum of $3 Million of matching funds.

Dr. de Grey said “I am extremely grateful to Peter for his bold and visionary initiative. I have been working with leading biologists and biochemists around the world in identifying promising research projects, and with this generous donation we will go to work straightaway.”


About SENS
SENS (Strategies for Engineered Negligible Senescence) is a detailed plan for alleviating the debilitation caused by human aging. SENS is an engineering project, reflecting the fact that aging is a medical condition and that medicine is an engineering discipline. Aging is a set of progressive changes in body composition, at the molecular and cellular level, which are side-effects of essential metabolic processes; each of these changes has the potential to be mitigated and eventually reversed. Further details of SENS can be found at: www.sens.org

About the Methuselah Foundation
The Methuselah Foundation is a non-profit 501(c)(3) organization dedicated to accelerating the development of foreseeable, science-based therapies to combat aging. Its main activities are the funding of SENS research, and the Methuselah Mouse Prize, which is being offered to the scientific research teams that significantly extend the lifespan of middle-aged laboratory mice. Further details of the Methuselah Foundation can be found at: www.methuselahfoundation.org or www.Mprize.org