Dementia Research Institute

MQT on 2014-10-22
Session date: 
October 22, 2014
Question By: 
Andrew Boff
GLA Conservatives
Asked Of: 
The Mayor


Further to your call for public and private funds to be raised for an international dementia research institute in London, how do you intend to take this proposal forward and what would be the main benefits for reducing health inequalities in London?


Answer for Dementia Research Institute

Answer for Dementia Research Institute

Answered By: 
The Mayor

Kit Malthouse, Deputy Mayor for Business and Enterprise, has written to the Department for Business, Innovations and Skills, in response to their consultation on Long-term Capital Investment in Science. An investment in an International Dementia Research Institute would generate £850 million in economic benefits and create almost 2,000 jobs over 30 years. It would also significantly increase the chance of finding a cure or therapy for a disease which costs the economy over £23 billion each year, and brings great personal and emotional suffering to individuals and their carers.