Clarksburg, MDThe American Health Assistance Foundation (AHAF), a nonprofit organization funding innovative research through its Alzheimer's Disease Research (ADR) program, today announced that the number of scientists seeking ADR research grants through its annual application process increased by 33% this year. "It's a sign of difficult times for the scientific community," said AHAF Vice President of Scientific Affairs Guy Eakin, Ph.D. "Finding government funding is tough now, and more researchers are looking to private funding sources like AHAF than ever before. But we can't meet all the need," he added.
AHAF was flooded with 332 grant proposals, involving 700 scientists at 213 organizations. This year's funding applicants collectively requested more than $83.9 milliona figure exceeding the $74 million that ADR has granted to researchers over the past 25 years.
In the U.S., the deadlock in Congress on how to handle the federal budget deficit has raised questions about the future and levels of Alzheimer's disease research funding through the National Institutes of Health (NIH).
The "Silver Tsunami" Threat of Unmet Need
The uncertainty over federal funding for Alzheimer's research takes on more urgency in the face of a huge demographic wave of people facing Alzheimer's over the next three decades. Today, 5.4 million people in the U.S. have Alzheimer's disease, a number expected to triple over the next 40 years. "These figures could bankrupt our health care system," said Eakin.
Now in their 80s or older, more than one in three members of the surviving World War II generation is estimated to have Alzheimer's disease. The post-war Baby Boomer generation is also confronting Alzheimer's disease directly, as caregivers for the previous generation and as patients themselves. "Boomers are reaching age 65 at the rate of one every eight seconds. At that age, one's risk of having Alzheimer's doubles every fiv
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AHAF-American Health Assistance Foundation