Common use of Clinical Development Milestones Clause in Contracts

Clinical Development Milestones. After the first achievement of each of the following milestone events with respect to a Licensed Product (each, a “Clinical Development Milestone Event”), Licensee shall pay to Mirati the corresponding non-refundable, non-creditable and not subject to set-off, milestone payments set forth in the table below. [***] US $ [***] [***] US $ [***]

Appears in 1 contract

Sources: Collaboration and License Agreement (Zai Lab LTD)

Clinical Development Milestones. After the first achievement of each of the following milestone events with respect to a Licensed Product (each, a “Clinical Development Milestone Event”), Licensee shall pay to Mirati the corresponding non-refundable, non-creditable and not subject to set-off, milestone payments set forth in the table below. [***] US $ $[***] [***] US $ $[***]

Appears in 1 contract

Sources: Collaboration and License Agreement (Mirati Therapeutics, Inc.)