CRADA Definition & Meaning | Health Care Term | CSIMarket
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Glossary

CRADA

Health Care Term

A CRADA (Cooperative Research and Development Agreement) is a type of legal agreement used in the United States where a government agency and a private company collaborate on a research project that has potential commercial applications. The goal of a CRADA is to facilitate the transfer of technology and knowledge between the government and the private sector.

In the healthcare industry, CRADAs can be used to promote research and development of new drugs, treatments, and medical devices. Government agencies often have access to valuable resources such as specialized expertise, equipment, and facilities that private companies may not have. By collaborating with a government agency through a CRADA, a private company can gain access to these resources and accelerate their research and development efforts.

Additionally, CRADAs can help to bridge the gap between basic research and commercialization. Government researchers often focus on basic biological and medical research, while private companies more frequently engage in applied research and development. Through a CRADA, the two parties can collaborate to bring basic research discoveries to market.

Overall, CRADAs offer a valuable way for companies to accelerate research and development efforts, gain access to government resources, and move discoveries from the laboratory to the healthcare industry for the benefit of patients.


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