Microsoft co-founder Paul Allen, also a philanthropist, recently donated $100 million to Stanford University and Tufts University for carrying out bioscience research. The Billionaire Allen’s donation will help both universities and individual scientists to research and make innovation and discovery in areas such as tissue regeneration, gene editing and antibiotic resistance.

The university will develop new research facilities for bioscience research in following 10 years by using the donated money. The donation is part of Allen’s commitment to the Paul G. Allen Frontiers Group, a new Seattle-based organization. Allen believes that bioscience research is very important aspect of human life and is relevant to understand complex biological system.

The inspiration behind donation in this area was driven by Allen’s realization of potential of biological sciences, which have been proven important in past. The research will bring together computer scientists, engineers and physical scientists for making innovations.

“To make the kind of transformational advances we seek and thus shape a better future, we must invest in scientists willing to pursue what some might consider out-of-the-box approaches at the very edges of knowledge”, said Allen.

So far, Allen has donated over $2 billion to charitable causes and nonprofit research groups. Allen launched institutes to study brain science in 2003 and to study cell science in 2014. The billionaire, who is investor and musician, is 45th in the list of rich men in the world with a net worth of $17.7 billion.

There are other private firms which are investing in similar endeavors. Mark Zuckerberg from Facebook and Sergey Brin from Google have joined hands to create Breakthrough Prize, a set of international awards for scientists in numerous fields.