Common use of DEVELOPMENT ASSETS Clause in Contracts

DEVELOPMENT ASSETS. ALZA shall own and have the right to use any clinical supplies, materials and other assets purchased, manufactured or developed pursuant to approved Work Plans ("Development Assets") and, until such time as the License Option is exercised with respect to the product to which any particular Development Asset pertains, shall use such Development Assets solely in the development of Crescendo Products under approved Work Plans.

Appears in 1 contract

Sources: Development Agreement (Alza Corp)

DEVELOPMENT ASSETS. ALZA shall own and have the right to ------------------ use any clinical supplies, materials and other assets purchased, manufactured or developed pursuant to approved Work Plans ("Development Assets") and, until such time as the License Option is exercised with respect to the product to which any particular Development Asset pertains, shall use such Development Assets solely in the development of Crescendo Products under approved Work Plans.

Appears in 1 contract

Sources: Development Agreement (Crescendo Pharmaceuticals Corp)