The National Institutes of Health (NIH), an agency under the U.S. Department of Health and Human Services, provides leadership and funding support to universities, medical schools, research centers, and other nonprofit institutions, to stimulate basic research and early-stage development of technologies that enable further targeted drug discovery and development. In addition, about one-third of the NIH budget supports clinical research.
Private/public partnerships are encouraged under special Cooperative Research and Development Agreements (CRADA). These agreements allow for public (NIH and university researchers) and private (pharmaceutical and biotech companies) organizations to formally agree to share resources and knowledge on specific projects. Intellectual property policies for patent rights and technology licensing and transfer, make it possible for these types of partnerships to exist.
The National Institutes of Health (NIH), an agency under the U.S.
Department of Health and Human Services, provides leadership and
funding support to universities, medical schools, research centers,
and other nonprofit institutions, to...
More
PhRMA answered:The National Institutes of Health (NIH), an agency under the U.S. Department of Health and Human Services, provides leadership and funding support to universities, medical schools, research centers, and other nonprofit institutions, to stimulate basic research and early-stage development of technologies that enable further targeted drug discovery and development. In addition, about one-third of the NIH budget supports clinical research.
