Common use of Dyax Clause in Contracts

Dyax. Dyax shall be responsible for, and shall use Commercially Reasonable and Diligent Efforts in carrying out, the following activities in furtherance of the co-development and co-commercialization of the Co-Development Product (the “Dyax Co-Development Activities”): conducting and managing any Phase I Clinical Trials, Phase II Clinical Trials and Phase III Clinical Trials of the Co-Development Product worldwide; manufacturing or having manufactured by a Third Party the Co-Development Product; Marketing the Co-Development Product in the Dyax Territory; prosecuting, maintaining and enforcing the Dyax Co-Development Product Patent Rights in accordance with Clauses 5.3 and 5.4 below; cooperating with and providing reasonable support to CAT in CAT’s performance of the CAT Co-Development Activities; and performing any other activities or duties as may be assigned to Dyax by the Steering Committee.

Dyax. Dyax shall be responsible for, and shall use Commercially Reasonable and Diligent Efforts in carrying out, the following activities in furtherance of the co-development and co-commercialization of the Co-Development Product (the “Dyax Co-Development Activities”): conducting and managing any Phase I Clinical Trials, Phase II Clinical Trials and Phase III Clinical Trials of the Co-Development Product worldwide; manufacturing or having manufactured by a Third Party the Co-Development Product; Marketing marketing the Co-Development Product in the Dyax Territory; prosecuting, maintaining and enforcing the Dyax Co-Development Product Patent Rights in accordance with Clauses 5.3 and 5.4 below; cooperating with and providing reasonable support to CAT in CAT’s performance of the CAT Co-Development Activities; and performing any other activities or duties as may be assigned to Dyax by the Steering Committee.