Examples of Covered Product in a sentence
If the Pharmaceutical Manufacturer elects to discontinue production, marketing or distribution of any Covered Product or to transfer or license any Covered Product to a third party, the Pharmaceutical Manufacturer will make every reasonable effort to notify the Department prior to such actions.
The Department will communicate the inclusion of Covered Product on the Preferred Drug List to the State Medicaid Program providers through the standard notification process.
This Limited Product Warranty will be invalidated if the serial number of the Covered Product has been removed or defaced.
Nothing in this Agreement shall be construed to prohibit the Pharmaceutical Manufacturer’s from discontinuing production, marketing or distribution of any Covered Product or from transferring or licensing any Covered Product to a third party.
If during the duration of this Agreement a generic equivalent of any Competitive Product should become available and no federal Upper Limit is established, the Department will allow Covered Product to remain on the Preferred Drug List so long as the net cost to the Department, as defined in Attachment B, is not more than the lowest reimbursement cost for a generic equivalent.