6Development Costs Clause Samples
6Development Costs. Adagene shall be responsible for the Development Costs incurred by Adagene in the performance of the Compound Research Activities in accordance with the respective Target Research Budget. Sanofi shall reimburse Adagene for any Development Costs requested by Sanofi and approved by the JRC and incurred by Adagene for [***].
6Development Costs. PTC shall be responsible for all costs in connection with its performance of the Ongoing Phase 2A Clinical Trial as described in the Development Plan. PTC shall be responsible for all costs in connection with its performance of the Ongoing OLE Clinical Trial as described in the Development Plan until the Ongoing OLE Clinical Trial Handover Date (which, for clarity, will occur on a country-by-country basis). As the Upfront Payment is being made in part to support Development costs, as and when requested by Licensee, PTC shall cooperate with and provide Licensee all information reasonably requested by Licensee in order for Licensee to account for such Development costs according to Licensee’s Accounting Standards. Except as set forth in the foregoing, Licensee shall be responsible for all costs and expenses in connection with the Development of, and obtaining and maintaining Regulatory Approvals for, the Licensed Compounds and Licensed Products.