A Confidential Disclosure Agreement (CDA); also known as a non-disclosure agreement (NDA) or non-disclosure agreement) is a legal agreement between at least two parties that describes information that the parties wish to share with each other for specific evaluation purposes, but wish to restrict wider use and dissemination. The parties agree not to disclose any non-public information that is the subject of the agreement. CDAs are often performed when both parties are considering a relationship or collaboration and need to understand the other party`s processes, methods, or technologies solely for the purpose of assessing the potential of a future relationship. Just like a funny FYI. I performed an EDGAR search for 8K final merger agreement submissions and important information for the month of May 2016, resulting in 34 hits for “Non-Disclosure Agreement”, 54 hits for “Non-Disclosure Agreement” and 207 hits for “Non-Disclosure Agreement”. Of course, the timelines of merger agreements were probably not included in the research if they were not considered important to investors, which limited the search results. A Confidential Disclosure Agreement (CDA) is often a precursor to a clinical trial. A company may want to send a protocol to the investigator so that they can decide whether or not to participate in the study. The protocol may contain sensitive information that the company needs to protect. Once a sponsor or contract research organization (CRO) has identified the UTHSCSA as a potential site for a clinical trial, a CDA can be sent to the Principal Investigator (P.I.) for signature.

To protect the Health Sciences Centre and the investigator, this agreement must be reviewed and approved by OSP. CMADE are usually simple, but require few changes; Some PDAs may contain requests that the PSO cannot satisfy. For example, as an educational institution in the state of Texas, the Health Science Center cannot submit to the laws of other states. If the P.I. signs the CDA without verification and signature of the Health Sciences Centre, the P.I. assumes full responsibility and the Health Sciences Centre cannot assist the PDA if the conditions of the CDA are violated. Please note that some proponents do not require a CDA. Occasionally, friends and colleagues ask about the difference between a non-disclosure agreement (also known by its acronym; “NDA”) and a confidentiality agreement (also known by its longer name; Confidential Disclosure Agreement or “CDA”). There are many other name variants for these types of agreements, depending on the part of the world and the industry in which you practice, such as.B. Exclusive Information Agreement, Secret Agreement (Europeans love this) and the Pinky-Swear-You-Won`t-Tell-Anyone Accord (I often talk about this with my neighbor`s 8-year-old).