XPRIZE LAUNCHES LARGEST COMPETITION IN HISTORY - $101M XPRIZE HEALTHSPAN TO DRIVE HEALTHIER AGING FOR ALL
RIYADH, Saudi Arabia, Nov. 29, 2023 /PRNewswire/ -- XPRIZE, the world's leader in designing and operating large-scale incentive competitions to solve humanity's grand challenges, today launches $101M XPRIZE Healthspan. This 7-year global competition is the largest competition in history and the largest XPRIZE to date, offering $111 million total between the prize purse and a bonus award. XPRIZE Healthspan will award $101 million in prize funding to the team who successfully develops a proactive, accessible therapeutic that restores muscle, cognition, and immune function by a minimum of 10 years, with a goal of 20 years, in persons aged 65-80 years, in one year or less. An additional $10M FSHD Bonus Prize will be awarded to a team that demonstrates the ability to restore lost muscular function due to Facioscapulohumeral Muscular Dystrophy (FSHD) in one year or less. The announcement was made today alongside Co-Title Sponsors Hevolution Foundation and SOLVE FSHD as part of Hevolution's Global Healthspan Summit, the largest convening of its kind bringing together researchers, innovators, and entrepreneurs in the field of healthspan science taking place in Riyadh, Saudi Arabia.
- This 7-year global competition is the largest competition in history and the largest XPRIZE to date, offering $111 million total between the prize purse and a bonus award.
- "As the single-largest XPRIZE Healthspan funder, Hevolution Foundation is committed to advancing geroscience and reshaping the approach to aging," said Dr. Mehmood Khan, CEO, Hevolution Foundation, Co-Title Sponsor of XPRIZE Healthspan.
- This initiative serves as yet another illustration of our enduring commitment to transforming aging treatments and championing healthy aging for everyone."
- By developing therapeutics that target biological aging rather than disease, we can revolutionize the way we think about and treat aging," said Jamie Justice, Ph.D., Executive Director of XPRIZE Healthspan, XPRIZE.