CZI Science by Chan Zuckerberg initiative

The Chan Mark Zuckerberg initiative announced CZI Science, an initiative that aims to eradicate all disease over the next 100 years.

The charitable organization founded by Facebook's founder and CEO Mark Zuckerberg with his wife Priscilla Chan has pledged $3 billion in funding the bio-medical research, collaborating with the University of California San Francisco, Stanford and University of California Berkeley.

Via Facebook Live video, Zuckerberg laid out the three-part roadmap to the program:

  1. Bring scientists and engineers together.
  2. Build tools and technology.
  3. Growth the movement to fund science.
Zuckerberg - Chan

The pair explained how the U.S. spends more than 50 times more in treating sick people than it does in curing diseases and providing preventative care. "We can do better than that," he said.

The CZI Science aims to bring together experts from around the world in what it calls "challenge networks." The focus will be on "transformational technologies" like a cell atlas that could help map and research the characteristics of every cell in the body.

Microsoft's Bill Gates who is also known to be a philanthropist that attended the speech, called the initiative as "very bold, very ambitious."