The Prime Minister visited Addenbrooke’s Hospital, Cambridgeshire today (April 10) to unveil a £75m boost for Prostate Cancer treatment.
The funding is designed to develop clinical trials to help improve early diagnosis and survival rates as well as exploring options for different treatments for men affected by the disease.
It is hoped that 40,000 men will be recruited to new research projects with the cash boost.
Officials said the new studies will particularly target men who are at higher risk of the disease including black men, men over the age of 50 and those with a family history of the disease.
Last month Donovan Blake met Southend boss Chris Powell, who's running the London Marathon to raise awareness of the prevalence of the illness in Afro-Caribbean men.
Awareness of the disease also increased with high-profile patients like Stephen Fry.
Commenting on the news, Dr Iain Frame, director of research at the charity Prostate Cancer UK said: "Prostate cancer is the most common cancer in men and it is now the third most common cause of cancer deaths in the UK.
"However, with increased research investment used wisely, over the next few years we can turn this around and make prostate cancer a disease men no longer need to fear.
Prostate cancer does not normally cause symptoms until the malignancy has grown large enough to put pressure on the urethra, this normally results in problems associated with urination.