The Government’s Autumn Statement will pledge £15 million to boost funding of research into dementia treatments, the Prime Minister has announced.
The money – to be included in the Statement tomorrow – will be used to ‘bring together investors from the private, public and philanthropic sectors to pool their money under a single scheme that will invest in a range of innovative research projects’, Number 10 said.
The new fund tops up the £66 million being spent on dementia research by 2015, as part of the Government’s national dementia strategy.
David Cameron said: ‘Tomorrow we will announce new funding to help drive forward the search for new drugs to beat dementia. The Government will commit £15 million to help kick-start a fund and attract the private sector investment needed for this crucial work.’
He added: ‘Dementia is one of the greatest enemies of humanity and we must all play our part defeating it.’
It follows the announcements in the past couple of days about £1bn being put into GP premises, and £150m being devoted to tackling eating disorders in young people.
