Article | Australian Financial Review
$50m donation aims to foil ‘sneak thief of sight‘
by Julie Hare
17 February 2025
Tom Snow is in the business of backing winners, and his latest bet of $50 million aims to combat an all-too-common but debilitating disease that affects 80 million people globally.
Glaucoma causes gradual blindness and is often only detected when it is too late.
“This is about backing long-term, big research projects that require 10- to 20-year horizons to deliver. Big science takes time to deliver and this donation is about accelerating that process,” said Snow, the billionaire philanthropist who heads the Snow Medical foundation.
“This is about bringing multidisciplinary teams together in a concerted effort on one area, which has never been done in any systematic way worldwide.”