Common use of Development Updates Clause in Contracts

Development Updates. In addition to the transfer of Hutchmed Product Data under Section 2.6(b), at each meeting of the JDC in each [**], Hutchmed shall provide the JDC with a summary of the Development activities for the Licensed Products in the Field in the Territory (including a clinical trial operational update) performed by the Hutchmed Entities in the Calendar Quarter prior to such meeting of the JDC. Within [**] after the end of each Calendar Year, Hutchmed shall provide Epizyme with a written report that updates the previous [**] report provided to Epizyme and that details the Development activities for the Licensed Product in the Field in the Territory. In addition, Hutchmed shall provide a prompt written notice to Epizyme of any clinical holds, Regulatory Filings, Regulatory Approvals and clinical trial initiation or completion, in each case, in the Field in the Territory, which notice shall be not later than [**] with respect to clinical holds, Regulatory Filings and Regulatory Approvals and not later than [**] with respect to any other events such as clinical trial initiation or completion.