Banner Alzheimers Institute awarded $7.1 million
Banner Alzheimer’s Institute in Phoenix has been awarded three grants totaling $7.1 million to advance Alzheimer’s disease care and research initiatives, including $2.6 million from the National Institutes of Health (NIH) for the purchase of a new cyclotron and two grants secured by Banner Alzheimer’s Foundation.

The foundation grants include $3.5 million from the Nomis Foundation in support of the newly launched Alzheimer’s Prevention Initiative and $1 million from the Ethel and Kemper Marley Foundation to benefit counseling, education and other non-medical support resources for Banner patients and caregivers.

The $2.6 million NIH grant will provide funding for a new cyclotron at the imaging research facility.

Earlier this year, Banner received a $6.5 million grant from the NIH to renovate and expand its imaging research facility, thus providing space for two research PET imaging suites, a new MRI suite and a computational image analysis laboratory. Space for the cyclotron and PET radiochemistry laboratory for research studies also will be part of the facility.

Banner Alzheimer’s Institute is owned and operated by Phoenix-based Banner Health, a nonprofit organization.