Optioned Product definition

Optioned Product means any pharmaceutical preparation that incorporates or contains any Optioned Compound, in any formulation, whether as the sole active ingredient or in combination with one or more other active agents.

Optioned Product means any product containing an Optioned Molecule, other than a Gilead Combination Product. Except as set forth in the preceding sentence, an “Optioned Product” includes all products containing the same Optioned Molecule, alone or In Combination with one or more other active pharmaceutical ingredients (other than (a) any other Galapagos Molecule or Galapagos Product that is not another Optioned Molecule or Optioned Product, (b) any Molecule or product that is the subject of any Pre-Program Activities or (c) any Molecule or product that is the subject of any Excluded Programs), in any and all finished forms, presentations, delivery systems, strength, dosages, and formulations.

Optioned Product means any Product which contains an Optioned Biologic.

Examples of Optioned Product in a sentence

• For each such Optioned Product Candidate, Development Pool Candidates and Products, the Product Commercialization Schedule will also apply.

• AstraZeneca will pay to Moderna the Exercise Price upon the exercise of each Option, as further set forth in Section 6.5(b) and Schedule A for the Optioned Product Candidate (and associated other Development Pool Candidates) subject to such Option.

• If any In-License Payment becomes due under any Moderna Collaboration In-License with respect to the applicable Optioned Product Candidate prior to expiration of the Earn-Out Term for such Optioned Product Candidate, Moderna will pay same and, subject to [***] and Section 2.8(b) of the A&R Services and Collaboration Agreement, AstraZeneca will reimburse Moderna for [***] of [***] within [***] days of receipt of Moderna’s written invoice therefor.

• Without limiting the respective rights and obligations of the Parties expressly set forth herein, each Party specifically disclaims any guarantee that an Optioned Product Candidate will be successful, in whole or in part.

• The term of this A&R Option Agreement, unless sooner terminated in accordance with the terms hereof or by mutual written consent, will be deemed to have commenced on the Signing Date and will continue until the entire Exercise Price for each Optioned Product Candidate (and associated Development Pool Candidates) is paid in full (the “Option Agreement Term”).

More Definitions of Optioned Product

Optioned Product means a Licensed Product for which Codiak has exercised its Development and Commercialization Option, and Jazz has not exercised its one-time veto with respect to the exercise of such option, all pursuant to Section 4.3.1.

Optioned Product shall have the meaning set forth in Section 3.7.1.

Optioned Product means either or both an Optioned Soluble Receptor Product and/or an Optioned Target Modulator Product, as the case requires.

Optioned Product means any Product with respect to which Allergan has exercised its Option pursuant to Section 6.3.2. For clarity, an Authorized Generic Version of a Product sold by or on behalf of Allergan or any of its Affiliates is not an Optioned Product. - 9 – [***] Confidential Information, indicated by [***], has been omitted by this filing and filed separately with the Securities and Exchange Commission.

Optioned Product has the meaning set forth in Section 2.6.2.

Optioned Product means any product containing an Optioned Molecule, alone or In Combination with one or more other active pharmaceutical ingredients, in any and all finished forms, presentations, delivery systems, strength, dosages, and formulations, but excluding (a) any Arcus Molecule in any Arcus Combination except as set forth in Section 1.100 with respect to the impact of the Option Exercise Closing for such Arcus Molecule, (b) any Excluded Molecule in any Excluded Combination and (c) any Gilead Molecule in any Gilead Combination. For purposes of Section 9.5(a), and except as set forth in the preceding sentence, an “Optioned Product” includes all products containing the same Optioned Molecule.

Optioned Product means any product containing an Optioned Molecule, [***]. For purposes of Section 12.6, and except as set forth in the preceding sentence, an “Optioned Product” includes all products containing the same Optioned Molecule. In addition, an “Optioned Product” includes a Profit-Share Product.