International Dementia Research Institute

Meeting: 
MQT on 2014-10-22
Session date: 
October 22, 2014
Reference: 
2014/3609
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor
Category: 

Question

Your call for an International Dementia Research Institute in London is a welcome development. Can you elaborate on your preliminary analysis, as referred to in your 25th Mayor's Report, as well as how an Institute would fit in with the wider MedCity project?

Answer

Answer for International Dementia Research Institute

Answer for International Dementia Research Institute

Answered By: 
The Mayor

An International Dementia Research Institute will bring together all of London's strengths in scientific academic research, global connectivity and the presence of multinational pharmaceutical companies. MedCity has commissioned a cost/benefit analysis and preliminary findings estimate the economic benefits of an International Dementia Research Institute at £850 million, and creating over 2,000 jobs over 30 years.