Alzheimer's Society and Alzheimer's Drug Discovery Foundation (ADDF) are offering up to $1.5 million to new research projects which could speed up developing treatments for Alzheimer's and dementia.
The international collaboration could help make the hope of finding effective dementia treatments within the next 10 years a reality.
Focusing on drug repurposing and repositioning, the new call for proposals aims to take drugs that already exist for other conditions and develop them as dementia treatments. Currently it can take up to 20 years and around a billion dollars to develop a new drug from scratch, but by using existing drugs, the partners hope to deliver treatments far sooner and at a fraction of the cost.
