Common use of Biogen Product Clause in Contracts

Biogen Product. Biogen shall have the sole right, either itself or through its Affiliates or Sublicensees, to Commercialize the first Initial Licensed Product to receive Regulatory Approval in the United States (the “Biogen Product”), and such Initial Licensed Product shall not be subject to the Co-Promotion Option. Biogen shall have sole and exclusive responsibility for and control of Commercialization of the Biogen Product.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Applied Genetic Technologies Corp), Collaboration and License Agreement (Applied Genetic Technologies Corp)