The National Institutes of Health (NIH)sponsors medical foundations to conduct research to treat rare diseases. The research is then disseminated to the medical community, thus encouraging the development of drugs and therapies more quickly and at a lower cost than would be possible if the research were privately funded. This is an example of

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The NIH sponsoring medical foundations to conduct research is an example of an R&D consortia, which is a group of companies or organizations that come together to research and develop new products or technologies. In this case, the goal is to develop treatments for rare diseases and disseminate the research to the medical community to encourage further drug and therapy development. This approach allows for collaboration and cost-sharing among the members of the consortium, ultimately leading to faster and more affordable solutions for patients.

The National Institutes of Health (NIH)sponsors Medical Foundations to Conduct