John W. Kozyak, Chair of the Board of the National Parkinson Foundation (NPF) and Howard D. Morgan, Chair of Board of the Parkinson’s Disease Foundation (PDF), released the following statement today:
The Boards of Directors of the National Parkinson Foundation (NPF) and the Parkinson’s Disease Foundation (PDF) announced today that they have signed a letter of intent (LOI) to merge the two non-profit organizations. Both NPF and PDF have a strong track record of funding promising scientific research while enhancing patient care for people living with Parkinson’s disease. The Boards of both organizations recognize the potential of the combined entity to be a dynamic and comprehensive “next generation” organization. The organizations anticipate signing definitive documents after completion of due diligence and closing as soon as possible thereafter.
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About Parkinson’s Disease (PD)
Affecting an estimated one million Americans and four to six million worldwide, Parkinson’s disease is the second most common neurodegenerative disease after Alzheimer’s and is the 14th leading cause of death in the United States. There is no cure for PD and 60,000 new cases are diagnosed each year in the United States alone.