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Jun 18, 2022

Saudi Arabia Pledges $1 Billion a Year to Anti-Aging Research

Posted by in categories: biotech/medical, finance, life extension

The Beginnings of a biotechnology revolution in Saudi Arabia?


The Saudi royal family, led by king Salman bin Abdulaziz have announced the formation of a non-profit research foundation which intends to spend $1 billion of the countries considerable annual oil revenue on supporting anti-aging research. If such funding materialises, it will make Saudi Arabia the single greatest financial contributor to longevity research.

The Saudi royal family aims to distribute this funding through a non-profit organisation called the Hevolution Foundation 0, which was founded by Dr Mehmood Khan, formerly of the Mayo Clinic. In a formal introduction to the Hevolution Foundation, Dr Khan had the following to say.

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