He quit being a surgeon a few years ago to devote time to his inventions and to setting up a medical foundation.
The pre-clerkship curriculum is divided into five medical foundations, where students meet with a faculty member twice a week in a small group setting for teaching.
The Little People's Research Fund, a medical foundation, will be a co-sponsor of the residency.
He has also written and edited books on emergency care and its theoretical medical foundations.
Mr. Fisher's medical foundation was set up for the purpose of helping to find a cure for the disease.
Most of the proceeds, expected to reach $29 million, will go to a medical foundation that Mr. Champalimaud created in Portugal.
"Everybody would agree that public safety should be protected, but are they acting out of hysteria or solid medical foundation?"
In some cases, financial assistance is available through social service organizations like the Lions Club or through medical foundations.
The couple, married for 32 years, see the medical foundation as an adventure, a way of giving back to society, while they are still reasonably young and energetic.
The Hughes Institute is the nation's largest medical foundation, with an endowment of $5 billion.