Back-Up Compounds. At any time after acceptance of the first Candidate Compound pursuant to Section 2.5(a) and prior to final approval of an NDA or HRD for the first Licensed Product, Schering shall have the right to designate any Back-up Compound as a Licensed Product and Schering shall notify Corvas promptly thereof. Upon receipt by Corvas of such notice, such Back-up Compound shall become a Licensed Product and Exhibit D hereto shall be modified accordingly.
Appears in 2 contracts
Sources: License and Collaboration Agreement (Corvas International Inc), License and Collaboration Agreement (Corvas International Inc)