Co-Development License Sample Clauses

Co-Development License. Integral to this license is an obligation of Eucodis to develop the Product for the EU while capturing data in a form which will be acceptable to the FDA. Such license shall include, but is not limited to, specific and articulated rights as to the development of the Product, the completion of all necessary preclinical and clinical work through Phase II clinical trials as defined by the Act, payment for and the acquisition of all CMC data performed prior to MDI’s purchase of the Product as per Section 8.2 below, and entry into the clinic for purposes of performing clinical trials.