Obama administration to spend $50 million more on Alzheimer's (Reuters)

(Reuters) ? The Obama administration said on Tuesday it will spend an additional $50 million immediately to bolster research for Alzheimer's, a fatal, brain-wasting disease that affects 5 million Americans.

The administration also said it plans to increase the fiscal year 2013 budget by $80 million and plans to spend an extra $26 million on funding to support people who care for Alzheimer's patients.

The announcement follows the move last month by the U.S. Department of Health and Human Services to set a deadline of 2025 for finding a treatment that can prevent or stop the disease.

(Reporting By Julie Steenhuysen; Editing by Bill Trott)

Source: http://us.rd.yahoo.com/dailynews/rss/seniors/*http%3A//news.yahoo.com/s/nm/20120207/hl_nm/us_alzheimers

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