Toronto researchers believe the drug can also help those with depression, schizophrenia and Alzheimer’s

An experimental drug that bolsters ailing brain cells has raised hopes of a treatment for memory loss, poor decision making and other mental impairments that often strike in old age.

The drug could be taken as a daily pill by over-55s if clinical trials, which are expected to start within two years, show that the medicine is safe and effective at preventing memory lapses.

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Read More New drug raises hopes of reversing memory loss in old age

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