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Feinstein Institute Researcher Organizes LI Alzheimer’s Consortium
Date:9/24/2013

Manhasset, NY (PRWEB) September 24, 2013

The Feinstein Institute for Medical Research yesterday hosted the initial meeting of the newly formed Long Island Alzheimer’s Disease Consortium, which was also attended by US Rep. Steve Israel and State Assemblyman Charles Lavine. The consortium, which was conceived by Rep. Israel and includes a group of Alzheimer’s disease experts from throughout the New York area, met to discuss what they can collectively do to improve patients’ lives.

Barring new medical breakthroughs to prevent, slow or stop the disease, and as the US population gets older and life expectancy increases, the number of people age 65 and older with Alzheimer’s will nearly triple by 2050. Furthermore, total payments for health care, long-term care and hospice for people with Alzheimer's and other dementias are projected to increase to $1.2 trillion in 2050. Even though Alzheimer’s disease is devastating, pervasive and costly, federal funding of research in this area is very low – $400 million per year is dedicated to Alzheimer’s research versus $6 billion per year for cancer research.

In search of a solution, Peter Davies, PhD, a world-renowned Alzheimer's disease researcher who leads the Litwin-Zucker Center at the Feinstein Institute, organized the Long Island Alzheimer’s Disease Consortium at the suggestion of Rep. Israel. Rep Israel and Assemblyman Lavine are collaborating with the consortium to create a ten-year bond that would allocate per year $7 of each NY tax payer’s payments to Alzheimer’s disease research. This would add up to $1 billion dedicated to Alzheimer’s disease research.

“Currently, there is no effective treatment for those who suffer from Alzheimer’s disease.
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