Senator Roger Wicker pushes funding for Alzheimer's cure - - Jackson, MS

Senator Roger Wicker pushes funding for Alzheimer's cure

JACKSON, MS (Mississippi News Now) -

In a press release from his office Tuesday, U.S. Senator Roger Wicker, the Republican Senator from Mississippi announced his intention to introduce an innovative proposal to help find a cure for Alzheimer’s disease. Wicker’s forthcoming legislation is titled the “Ensuring Useful Research Expenditures is Key for Alzheimer’s (EUREKA) Act.” The proposal would encourage private-public partnerships to award a prize for accomplishments in the field of Alzheimer’s research. The National Institute of Health has set a goal of curing the deadly disease by 2025.

Senator Wicker is a member of the Senate Committee on Commerce, Science, and Transportation. “In terms of alleviating human suffering and saving money for the taxpayers, this is a critical moment,” Wicker said. “By 2050, more than a trillion dollars a year will be spent, mostly by taxpayers, to treat Alzheimer’s. I look forward to working with my colleagues in the Senate and the House on my ‘EUREKA Act.’ It is time for us to consider alternate approaches to government-funded breakthroughs, and prize-based challenges are an excellent investment for the government. With the prize, you pay only for success.”

Wicker’s comments were made during a subcommittee hearing examining ways to incentivize cure development for deadly diseases. Today, Alzheimer’s disease is the most expensive disease in America and has a 100 percent fatality rate. According to a report released earlier this year, caring for people with Alzheimer’s disease and other dementias is estimated to cost the United States $226 billion in 2015, with one in five Medicare dollars spent on an Alzheimer’s victim. Unless a cure is found, treatment costs will continue to rise, growing to an estimated $1.1 trillion by 2050.

In Mississippi, 12 percent of senior citizens have Alzheimer’s, and the number of victims is expected to rise 27.5 percent by 2025, increasing from 51,000 to 65,000.

You can watch Senator Wicker's comments by clicking on this link:

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