Confidential Disclosure Agreements (CDAs)/NDAs CDAs are commonly executed when two parties are considering a relationship/collaboration together and need to understand the other's processes, methods, or technology solely for the purpose of evaluating the potential for a future relationship.
This legal agreement governs the disclosure of confidential or proprietary information as it relates to a clinical research study. Sponsors will often require an executed CDA in order to release the study protocol.
Definition: An NDA allows a party to communicate nonpublic information to another. A CDA allows multiple parties to handle information with utmost secrecy.
What is a confidentiality agreement? Confidentiality agreements protect parties entering into business relationships or transactions that require the exchange of sensitive, private information otherwise inaccessible to third parties. Confidential information is the heart of any confidentiality agreement.
In academic research confidentiality agreements are frequently used between researchers and members of their research team (e.g. translators, transcribers, student employees) who may be privy to confidential and/or sensitive information as part of their role in a research project.
Confidential Disclosure Agreements (CDAs) -- also referred to as Confidentiality Agreements and Non-disclosure Agreements -- are binding contracts to safeguard the release or exchange of confidential information.
In unilateral NDAs, only one party agrees not to disclose classified information. A mutual NDA means that both/all parties agree not to share any confidential information. For this article, the term “NDA” equates to a unilateral NDA and the term “confidentiality agreement” equates to a mutual NDA.
Definition: An NDA allows a party to communicate nonpublic information to another. A CDA allows multiple parties to handle information with utmost secrecy.
A confidentiality agreement should include the names and addresses of the parties to the contract. Consider also including: Reason for the agreement: Explain why you're sharing this information. The information disclosed: Be specific about the subject matter and what exactly is included in the agreement.
Companies looking to launch a new pharmaceutical drug in Canada must first file a New Drug Submission (NDS) with Health Canada's Therapeutic Products Directorate (TPD). In the U.S., a New Drug Application (NDA) must be submitted to the FDA.