An announcement of more than $300 million in funds on Tuesday has come to boost President Barack Obama's initiative to study the brain and improve treatment of conditions like Alzheimer's and autism.
When Obama first established the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) program last year, it had $100 million in initial money for research.
AdvertisementThe latest cash injection is coming from the National Institutes of Health, which announced $46 million in new grant awards for fiscal year 2015.
Companies such as GE, Google, GlaxoSmithKline, and Inscopix are investing more than $30 million in research and development investments to support the BRAIN Initiative, a White House statement said.
Foundations, patient advocacy organizations and universities, "are aligning over $240 million of their research efforts with the BRAIN Initiative," it added.
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