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Funding for Alzheimer's Research is an Investment To Cut Down Treatment Expenses

by Julia Samuel on February 11, 2015 at 10:51 AM
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Funding for Alzheimer's Research is an Investment To Cut Down Treatment Expenses

The Alzheimer's Advisory Council had proposed $2 billion in fiscal 2016 for Alzheimer's research. Sen. Susan Collins, leading advocate for Alzheimer's research in the U.S. Senate called on the government to increase it's funding and proposed in a new report.

Collins, the chair of the Senate Special Committee on Aging and co-chair of the Congressional Alzheimer's Task Force, said the amount is needed to meet an established goal of treating and preventing the disease over the next 10 years.

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Care for Alzheimer's and other forms of dementia will cost $226 billion this year alone and could increase to $1.1 trillion by 2050 if a cure isn't found.

Collins and Amy Klobuchar have authored a bipartisan resolution declaring that the goal of preventing and effectively treating Alzheimer's by 2025 to be an urgent national priority.
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Collins said she believes the government would regain its investment within three years of a treatment becoming available.

She added, "Alzheimer's is a devastating disease that takes a tremendous personal and economic toll on both the individual and family. This new report on the national trajectory of the disease offers a very troubling, yet not surprising, assessment that underscores why it is so critical for our nation to invest more federal dollars to finding better treatments, and ultimately a cure for Alzheimer's and other forms of dementia."

Source: Medindia
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