Over $150 million will be spent by the Obama administration over the next two years to find a treatment for Alzheimer’s.
Just over $26 million will be spent on programs that support people who care for those suffering with the debilitating disease that affects memory. About $50 million will be spent on research this year and $80 million next year.
Over five million Americans are currently affected by Alzheimer’s. The government has increased funding to meet its 2025 deadline to find a better way to treat the disease, which can be managed but not stopped with drug treatments.
Health and Human Services Secretary Kathleen Sebelius said the “announcement reflects this administration’s commitment to confronting Alzheimer’s, a disease that takes a devastating toll on millions of Americans.”
Dr. Francis Collins, director of the National Institutes of Health (NIH), said: “This new funding will accelerate NIH’s effort to use the power of science to develop new ways of helping people with Alzheimer’s disease and those at risk.”
However, some experts have said that the funding figures for Alzheimer’s are still lower than the amount of capital spent on other chronic diseases. About $6 billion a year is spent on finding a cure for cancer and an annual $4 billion on heart disease.
Dr. Ronald Petersen, chairman of the HHS Advisory Council on Alzheimer’s Research, said: “In these times, one could not realistically expect a billion or 2 billion dollars to be allocated in next year’s budget.”
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