The Prime Minister David Cameron has announced that the first national Dementia Research Institute (DRI) in the UK is to be led by the MRC.
The DRI, which will bring together world leading expertise in discovery science in the fight against dementia, is set to receive up to £150m in funding and be fully functional by 2020.
There are an estimated 850,000 people living with dementia in the UK and this figure is expected to double over the next 20 years. The devastating disease costs the NHS, local authorities and families around £26 billion each year but there are currently no treatments available that can stop or reverse the disease. This is primarily because of our limited understanding of how dementia develops.