Celgene Technology Clause Samples
The "Celgene Technology" clause defines the specific technologies, inventions, or intellectual property that are owned or controlled by Celgene and are relevant to the agreement. This typically includes patents, proprietary processes, know-how, or other technical information developed by Celgene prior to or during the collaboration. The clause clarifies which assets are considered Celgene's property and may outline how these technologies can be used by the other party, such as for research, development, or commercialization purposes. Its core function is to clearly delineate ownership and usage rights, thereby preventing disputes over intellectual property and ensuring both parties understand the boundaries of technology use within the agreement.
Celgene Technology. The following terms shall apply to all Celgene Patent Rights, Celgene Improvements, Celgene Collaboration IP and Celgene Know How owned by Celgene and, with respect to other Celgene Technology, to the extent permitted by the applicable licenses. Celgene shall have the sole right, but not the obligation, to take any reasonable measures it deems appropriate to stop infringing activities in the Field in the Territory, including initiating or prosecuting an infringement or other appropriate suit or action against any Third Party who at any time has infringed, or is suspected of infringing, or defending any declaratory judgment action with respect to, any Celgene Patent Rights claiming or relating to Licensed Compounds or Licensed Products or of using without proper authorization any Celgene Know-How, Celgene Improvements or Celgene Collaboration IP.