‘She Lost Her Sight. Her Billionaire Father Bet On a Daring New Treatment.’
The hedge fund manager did what any good father would do — at least, any father with vast financial resources and what friends describe as a “Mr. Fix-It” tendency. He sprung into action, getting her topline care at New York City’s Mt. Sinai Hospital and consulting a network of well-connected friends all over the world. He helped her access a novel cell therapy that has been gaining traction among longevity enthusiasts, who are seeking ways to prolong human life. And then — motivated by a newfound desire to accelerate scientific research — he vowed to spend more than $400 million to launch an institute dedicated to longevity and brain health… He posted this week that the U.S. Food and Drug Administration, in May, gave his daughter Lucy’s medical team a first-time emergency authorization to transplant mitochondria — the energy-producing part of human cells — from her leg muscle to her eyes, in the hopes that the tiny cell powerhouses would facilitate healing in her optic nerves and perhaps even restore her vision.
Ackman’s story highlights the increasingly prominent role of the ultra-wealthy in making expensive medical bets on longevity treatments and other novel therapies, altering the direction of research as federal funding for science declines in the second Trump administration. But his saga is a deeply personal one, spurred by his daughter’s medical crisis. The focus on longevity by Ackman, who made billions on Wall Street as a hedge fund manager, is aligned with similarly ambitious efforts from some of Silicon Valley’s biggest names. OpenAI CEO Sam Altman has backed Retro Biosciences, a start-up whose goal is to add 10 healthy years to the human lifespan through cellular reprogramming. Amazon founder Jeff Bezos is reportedly a funder of Altos Labs, which focuses on cellular rejuvenation and resilience… Billionaire investor Peter Thiel, Google co-founder Sergey Brin and Oracle co-founder Larry Ellison are also deeply invested in life-extension methods and attempts to rewrite the biology of aging…
The therapy given to Ackman’s daughter Lucy, known as mitochondrial transplantation, is of great interest not only to people who have suffered injuries, but to longevity-focused scientists who believe that mitochondria may hold promise for reversing some of the effects of aging… In recent years, scientists have discovered that mitochondria have many other functions beyond converting food into energy. They serve as clearinghouses for damaged cells, opening up the possibility that they can help with cell regeneration and healing, said Daria Mochly-Rosen, professor of chemical and systems biology at the Stanford University School of Medicine and co-author of " The Life Machines: How Taking Care of Your Mitochondria Can Transform Your Health.”
“I am one of those who believes that focusing on mitochondrial health is a way to address many human diseases, including aging itself,” she said. “It’s exciting.”
Ah yes
The good old “I will only pay to save my own arse” adage.
The sooner china and singapore and those guys take over the rest of the world the better.
Re:It’s he and other people like him
This article reads like pro-billionaire corporatist propaganda.
It’s unfortunate that progress often needs something personal for it to happen, like the politicians who openly opposed gay rights until their children came out.
Do we need to infect the children of the 1%
Because if the only way we can get the money to cure diseases, then I wonder will this start to happen?
Have a rare disease? Only hope is for you to and intentionally infect the son/daughter of the wealthy.
The entire idea of taxes is to take the money from all - including the wealthy - and use it for the common good. We should NOT have to pray the wealthy becomes interested enough to do it on their own.