Common use of Development Responsibility Clause in Contracts

Development Responsibility. Following the expiration of the Research Term, as may be extended, AbbVie (itself or through its Affiliates or Sublicensees) shall have the sole right to Develop Licensed Compounds and Licensed Products in the Field in the Territory at its own cost and expense (except with respect to costs and expenses, as otherwise expressly set forth in the Research Plan).

Appears in 2 contracts

Sources: Development and License Agreement, Development and License Agreement (Principia Biopharma Inc.)