Today’s announcement by the Prime Minister will see the UK’s first Dementia Research Institute receive up to £150m of investment.
The institute will bring together world leading experts and organisations, creating a UK hub to drive forward research into much needed treatments. Dementia affects 850,000 people in the UK, with that figure set to rise to over one million by 2021.
Jeremy Hughes, Chief Executive at Alzheimer’s Society, said: “This significant investment in the UK’s first Dementia Research Institute is great news. It will help accelerate progress towards much needed treatments and innovations in care practices. Alzheimer’s Society has committed at least £100 million to dementia research over the next decade.
“We look forward to our continued leadership with government to shape the institute, making sure the priorities of people affected by dementia are considered through this world leading initiative. The opportunity to make life changing discoveries is significant and it is vital the institute not only drives forward treatment development but also has a major focus on improving the care that people receive now and in the future.”