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Cameron pledges £15 million to help find new dementia drugs

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.

Readers' comments (7)

  • Aah, so a Pharma company will probably be funding the election campaign, I guess.
    Strange how suddenly just before the elections money seems to be pouring from all sides although for two years at least general prqactice has been hammered to a shape beyond recognition. Will this promise work and what is £15 million? - A drop in the ocean considering what NHS has been deprived of.

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  • This is the same funding being announced over and over again! Pure electioneering

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  • "Anonymous | GP Partner | 02 December 2014 5:09pm

    This is the same funding being announced over and over again! Pure electioneering"

    yes you are right...and all lovingly re-hashed with dramatic headlines in our wonderful primary care magazine PULSE. How long before my comment is 'moderated' I wonder?

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  • Took Early Retirement

    "New" dementia drugs? Joke, surely. (Not in good taste either.) Once you have dementia you are stuffed. Much better to find, if there is one, a prevention strategy, although I am painfully aware that "prevention" in this sense probably means "putting off for a few years", though that is not to say it is not worthwhile.

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  • loathsome self justifying spin from an administration that has caused catastrophic damage to the nhs.wasting at least 200times that much on a lunatic redisorganisation of the nhs with no mandate whatever except from that of their cronies on private health care.
    cam is a nauseating hypocrite.

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  • Sure sign there is an election coming up!

    Wouldn't he do better to plough 50 million into the NHS?

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