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Wolfson Foundation awards £20 million to UCL for experimental neurology center
Date:12/19/2011

A new centre dedicated to the understanding and treatment of neurodegenerative diseases will be established at UCL following the award of a 20million grant from the Wolfson Foundation, it was announced today.

The grant is the largest single award ever made by the Foundation and one of the largest philanthropic donations in UCL's history. It is made as a result of the Wolfson Neurology Initiative, designed as a legacy to Lord Wolfson of Marylebone, who died in 2010.

The grant will be used to establish The Leonard Wolfson Experimental Neurology Centre at UCL. It will be based at the heart of the National Hospital for Neurology and Neurosurgery (NHNN), the partner hospital of the UCL Institute of Neurology, reflecting the importance of bringing together clinical and scientific excellence in the search for effective treatments for these devastating diseases. The Centre will accelerate the development of treatments and identify future therapeutic targets for neurodegenerative diseases, with the aim of earlier intervention for patients.

Neurodegenerative diseases include Alzheimer's disease and Parkinson's disease, as well as less common but equally devastating conditions such as Huntington's disease and motor neurone disease. They are the main cause of dementia in the UK, the 6th leading cause of death and a major cause of disability and residential care placement. Dementia alone costs the UK economy 23billion a year yet government and charitable investment in dementia research is 12 times lower than spending on cancer research.

Paul Ramsbottom, Chief Executive of The Wolfson Foundation, said: "The grant reflects our commitment to supporting this vital area of science and addressing the crisis of neurodegenerative disease facing an ageing population. In these times of austerity, the Foundation has taken the bold decision to commit 50 million of funding during 2011 including our largest single grant of 20million recognising tha
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Contact: Ruth Howells
ruth.howells@ucl.ac.uk
44-020-310-83845
University College London
Source:Eurekalert

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