Cooperative Research and Development Agreements (CRADAs)

Cooperative Research and Development Agreements (CRADAs) are partnerships where government agencies and private companies collaborate to develop new technologies or solutions. They allow both parties to share resources, expertise, and data while working towards common goals. CRADAs help accelerate innovation, reduce costs, and bring new products or processes to market more efficiently. These agreements are flexible and designed to protect sensitive information, ensuring that both sides benefit fairly from the partnership. They are commonly used in sectors like healthcare, technology, and energy to advance scientific research and development.