FY15 BUDGET PROPOSAL FALLS SHORT ON ALZHEIMER'S

FOR IMMEDIATE RELEASE

March 5, 2014

MEDIA CONTACT:

Kyle Moler

kmoler@mrss.com, 202-478-6173

FY15 BUDGET PROPOSAL FALLS SHORT ON ALZHEIMER'S

USAgainstAlzheimer’s disappointed by failure of the Administration to recommend funding at levels needed to achieve national goal of stopping Alzheimer’s disease by 2025

WASHINGTON, D.C. – The Obama Administration yesterday released its proposed budget for Fiscal Year 2015, which includes $30.2 billion in funding for the National Institutes of Health (NIH) to support biomedical research. The budget proposes flat funding for the National Institute on Aging (NIA), the primary funder of Alzheimer’s research at the NIH.

George Vradenburg, Chairman and Co-Founder of USAgainstAlzheimer’s, released the following statement in response to today’s proposed budget announcement:

“We are concerned that the FY15 budget proposal to flat-line the funding for NIA calls into question the commitment of the Administration to our national goal to prevent and treat Alzheimer’s by 2025.

“In order to confront head-on the cancer-size problem that is Alzheimer’s, the United States must heed the calls of lawmakers like Sen. Susan Collins and Amy Klobuchar to ramp up funding to $2 billion a year from the current level of $550 million.  Failure to continue increasing Alzheimer's investments year-over-year to achieve our national goal will produce millions of deaths, crippling families and enormous future costs to government.

“We welcome the opportunity to work with Congress to secure the amount of research funding needed to attain the 2025 goal, and remain optimistic that with the proper resources, therapies are within our reach by 2025.”

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USAgainstAlzheimer's is an entrepreneurial and disruptive organization demanding a solution to Alzheimer's by 2020. Driven by the suffering of millions of families, USAgainstAlzheimer's presses for greater urgency from government, industry and the scientific community in the quest for an Alzheimer's cure -- accomplishing this through effective leadership, collaborative advocacy, and strategic investments. For more information, visit www.usagainstalzheimers.org.

 

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