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The OnlyWatch charity auction raises outstanding amount

The OnlyWatch charity auction took place on Friday 23 September 2011 in the presence of H.S.H. Prince Albert II of Monaco and Ronnie Wood and raised an outstanding EUR 4'563'000 for 40 unique watches. The auction room was full, in addition to the intense internet and telephone bidding. International participation included Japan, Switzerland, Hong Kong, China, the United States and the Russian Federation.

A Patek Philippe watch sold for EUR 1.4 million on its own. One hundred percent of the funds for research into Duchenne Muscular Dystrophy. 

The total proceeds of the auction will enable to continue finance research, organise scientific roundtables and International Collaborative Effort (ICE). Children and young adults suffering from Duchenne Muscular Dystrophy can seriously hope to benefit from the scientific and medical research that is striving to develop treatments as fast as possible:

“Thanks to Only Watch, we are going to be able to finance ICE (a program that was started in 2008). This program brings together 15 leading teams worldwide who work on therapeutic strategies on Duchenne Muscular Dystrophy, in particular exon skipping, gene and cell therapies. The success of Only Watch 2011 goes beyond our hopes and will undoubtedly allow us to co-finance clinical tests that have already begun and develop new research projects,” explained Luis Garcia, Directeur de Recherche at the CNRS.

Photo :  From left to left to right: Ronnie Wood, Luis Garcia (Directeur de Recherche CNRS), Philippe Ferreyrolles, Monique Pettavino, HSH Prince Albert II of Monaco, Tess Pettavino, Gaëlle Tallarida (Managing Director Monaco Yacht Show), Peter Rigby (Chief Executive Informa), Paul Pettavino, Luc Pettavino (President AMM) - Photo: © Claude Charvin

For more information go to: http://www.onlywatch.com/