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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.


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