The UK government will announce the creation of a £15 million fund for dementia research in the Chancellor's autumn statement.
According to a statement published by Alzheimer’s Research UK on 2 December, the fund will focus on research to develop treatments for dementia. The purpose is also to bring in more industry and charity investment to fund a range of projects.
“Alzheimer’s Research UK welcomes today’s announcement of extra investment in research, this represents another step forward in the fight to tackle what is our greatest health challenge and a devastating condition,” said Hilary Evans, director of external affairs at the charity. “The treatments available for people with dementia offer scant relief and are simply not good enough, we need a therapy that acts to slow or stop the disease in its tracks,” she said.