real-time news and commentary for investors
Tuesday, Feb 7
2012, 11:14 AM
The Obama administration plans to push for a $156M increase in funding for Alzheimer's research...
The Obama administration plans to push for a $156M increase in funding for Alzheimer's research over the next two years after estimates for Alzheimer care in the U.S. range as high as $20T for the next 40 years with baby boomers squarely in harm's way. So far drug firms have only been able to deliver stopgap measures - instead of a cure - but big names NVS, JNJ, PFE, FRX are working on developing a market-changing home run treatment, as well as smaller-cap players such as AVXL, PRANA, AEN, NYMX, and ILNS.