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Encyclopedia > Confidentiality agreement

Confidentiality Disclosure Agreement (CDA) - a legal document through which intellectual property can be disclosed by one party to another to be used only for stated purposes, not to be disclosed to others, and returned to the giver upon request. Confidentiality agreements, sometimes called secrecy or nondisclosure agreements, are contracts entered into by two or more parties in which some or all of the parties agree that certain types of information that pass from one party to the other or that are created by one of the parties will remain confidential. Such agreements are often used when a company or individual has a secret process or a new product that it wants another company to evaluate as a precursor to a comprehensive licensing agreement. Or, perhaps one party wants to evaluate another's existing commercial product for a new and different application.

Contents


Confidentiality Disclosure Agreement (CDA)in Clinical Research

In clinical research industry by signing this document the undersigned acknowledges and agrees that in consideration clinical sponsor / contract research organization and/or it’s current and/or potential clients providing undersigned / contractor with confidential information regarding clinical trials, Standard Operating Procedures SOP-s, clinical protocol and/or financial and personnel information, and the undersigned agrees not to disclose this information to the third party. Standard Operating Procedures - a set of instructions having the force of a directive, covering those features of operations which lend themselves to a definite or standardized procedure without loss of effectiveness. ... The contents of a trial protocol should generally include the following topics. ...


Functions of Confidentiality Agreements

Confidentiality agreements perform several functions. First and most obviously, they protect sensitive technical or commercial information from disclosure to others. One or more participants in the agreement may promise to not disclose technical information received from the other party. If the information is revealed to another individual or company, the injured party has cause to claim a breach of contract and can seek injunctive and monetary damages.


Second, the use of confidentiality agreements can prevent the forfeiture of valuable patent rights. Under U.S. law and in other countries as well, the public disclosure of an invention can be deemed as a forfeiture of patent rights in that invention. A properly drafted confidentiality agreement can avoid the undesired—and often unintentional—forfeiture of valuable patent rights.


Third, confidentiality agreements define exactly what information can and cannot be disclosed. This is usually accomplished by specifically classifying the nondisclosible information as confidential or proprietary. The definition of this term is, of course, subject to negotiation. As one would imagine, the company or individual disclosing the confidential information (the "discloser") would like the definition to be as all-inclusive as possible; on the other hand, the company receiving the confidential information (the "recipient") would like to see as narrowly focused a definition as possible.


Reference

External links

  • ICH Website
  • Careers in Clinical Research
  • Clinical Research Services
  • Clinical Research Companies Listings
  • Clinical Research Abbreviations and Acronyms
  • Clinical Research Glossary / Definitions
  • Clinical Research: Frequently asked questions

  Results from FactBites:
 
Understanding Confidentiality Agreements (900 words)
Confidentiality agreements, sometimes called secrecy or nondisclosure agreements, are contracts entered into by two or more parties in which some or all of the parties agree that certain types of information that pass from one party to the other or that are created by one of the parties will remain confidential.
The agreement must establish a time period during which disclosures will be made and the period during which confidentiality of the information is to be maintained.
For example, imagine a confidentiality agreement that specifies that disclosures will be made over a two-year period and that the information must be kept confidential for three years.
Non-disclosure agreement - Wikipedia, the free encyclopedia (291 words)
A non-disclosure agreement ( NDA) or confidential disclosure agreement ( CDA) is a legal contract between two parties which outlines confidential materials the parties wish to share with one another for certain purposes, but wish to restrict from generalized use.
It is also possible for an employee to sign an NDA or NDA-like agreement with a company at the time of hiring, in fact some employment agreements will include a clause restricting "confidential information" in general.
Other confidential information covered by NDAs include creative, but copyrighted, intellectual property, as in the case of a script for a high-profile film that is still in production.
  More results at FactBites »


 
 

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