Queensland Science Minister Ian Walker MP announced a prestigious $2.5 million philanthropically-funded international fellowship at QBI.
The Stafford Fox Medical Research Foundation made the donation to fight stroke-induced dementia, also known as vascular dementia.
“It is an insidious and terrible affliction, often creeping up on people,” Minister Walker said.
“In many cases, it is caused by a series of small strokes so tiny that people do not even notice.”
QBI Director Professor Perry Bartlett said it is of vital importance to understand this particular type of dementia, as it is the cause of around 40 per cent of dementias.
“This is another wonderful addition to our dementia initiative,” Professor Bartlett said.
“The Stafford Fox Medical Research Foundation’s generous contribution will allow us to heavily invest into this side of dementia and establish a laboratory dedicated to solving this problem.
“Stroke-induced dementia occurs due to ‘mini’ and ‘silent’ strokes, which often show little or no sign of occurring—and usually happen more than once, resulting in massive damage.
“This isn’t to be confused with Alzheimer’s disease, which is caused by the cumulative effect of cellular death over a far greater length of time.”
The donation provided by The Stafford Fox Medical Research Foundation will provide $500,000 per annum over five years to recruit a Senior Research Fellow and fund a laboratory in Stroke-Induced Dementia research.
Mr Paul Brotchie, a Trustee of the Foundation, said it was established in 2013 following the death of Moyna Fox, and named in honour of her late husband, James Stafford, a former BP Australia Chief Executive.
“We’re delighted to fund this project because it exemplifies our funding criteria,” Mr Brotchie said.
“It’s good to see such fine research putting Queensland and Australia at the forefront of world medical research.”