Examples of Internal Program in a sentence
In addition, in the event that Merck does not exercise its option in the Metabasis Internal Program Compound in the period specified above, Metabasis shall be free to proceed with development and commercialization of the Metabasis Internal Program Compound on its own or with any Affiliate or Third Party.
In no event will Merck attempt to reverse engineer, deconstruct or in any way determine the structure or composition of any Metabasis Internal Program Compound disclosed or provided hereunder.
Without limiting any other provisions in this Agreement, and subject to the provisions of Section 2.3.2, Metabasis may continue to conduct the Metabasis Internal Program; provided that (a) the Metabasis Internal Program shall in no event include Collaboration Compounds or Merck HCV Compounds; and (b) the Metabasis Internal Program is subject to Merck's option rights in Metabasis Internal Program Compounds in accordance with Section 8.2.
Within [***] of receipt by Merck of such notice and all such information, Merck shall notify Metabasis if Merck is interested in conducting further safety studies on such Metabasis Internal Program Compound.
The Parties hereby acknowledge and agree that (a) [***] Targets have been designated as Program Targets as of the Signing Date and (b) MERCK shall have the right to have up to [***] MERCK Funded Program Targets and up to [***] MERCK Internal Program Targets, for an aggregate of up to [***] such Targets, designated as Program Targets on the Target Exclusivity List at any time during the Research Program Term.