The National Institutes of Health (NIH) is inviting applications for the "Academic-Industrial Partnerships for Translation of Technologies for Diagnosis and Treatment" (R01 - Clinical Trial Optional) grant. This initiative aims to foster collaboration between academic and industrial researchers to translate scientific and engineering discoveries into practical tools for disease diagnosis and management, requiring partnerships that include at least one academic and one industrial organization. The funding opportunity emphasizes the importance of interdisciplinary teams in developing innovative health solutions, with available funding up to $499,000 for a maximum duration of five years, excluding direct funding for phase III clinical trials or basic research. Interested applicants must submit their proposals by January 8, 2025, and can reach out to the NIH OER Webmaster at FBOWebmaster@OD.NIH.GOV for any inquiries regarding the funding announcement.