Banner Institute Granted $10 Million For Alzheimer’s Trial

Banner Institute Granted $10 Million For Alzheimer’s Trial
Phoenix-based Banner Alzheimer's Institute (BAI) was recently awarded a joint $10 million research funding grant from the Alzheimer's Association, GHR Foundation and Fidelity Biosciences Research Initiative. The three organizations announced their plan to fund BAI's efforts, given the organization's reputation as an internationally recognized Alzheimer's care and research center. The new funding will support an Alzheimer's disease prevention clinical trial being conducted at BAI, as well as a contribution toward a $40 million fundraising goal established by the institute to advance its current and future investigations. BAI's current study is focused on understanding the treatments that can prevent or delay the onset of the disease symptoms and will be initiated later this year. “We are extremely grateful to these three organizations for their extraordinary support,” stated the executive director of BAI, Eric Reiman, MD. "These funds will not only help make it possible to evaluate two promising Alzheimer's prevention therapies, but to do so in a way that will help the field find treatments that work as soon as possible." The five-year grant will be invested in expanding the Alzheimer’s Prevention Initiative (API) APOE4 trial,
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