AI medical solution company's NDA (Non-Disclosure Agreement) Korean/English drafting examples
Article posted in 2025-05-27 16:55:25 | VEAT
Law firm Veat received a request from a client developing and operating brain and AI-based medical solutions, and performed drafting of Korean and English Non-Disclosure Agreements (NDAs).
The client provides solutions that improve the quality of medical services through AI technology utilizing patient data, and is conducting collaborations with various external organizations, including technology reviews, joint projects, and investment negotiations. Consequently, the need for standard NDAs that can be readily used in practice while safely protecting technology and business information arose.
Law firm Veat, in response to the client’s request, designed two versions of the NDA that can be advantageously utilized from the perspective of both the information provider and the recipient. The version for the information provider is structured to maximize the scope of confidential information protection, restrict the purpose of use, and specify strong remedies for violation, including return/destruction of information after contract termination. Conversely, the version for the information recipient clearly limits the scope of confidential information, adjusts for flexible use within the purpose, and rationally designs the scope of liability.
Furthermore, considering the client’s global collaboration environment, an English contract was also provided along with it, completing a practical contract tailored to actual usage environments, not merely a translated version.
Law firm Veat supports clients in minimizing unnecessary legal risks during collaboration through tailored contract design that reflects the business structure and information protection strategy of technology-based companies.
Those who are interested in more detailed information regarding this case study, please refer to the official blog below.
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From Law firm Veat