Common use of Initial Products Clause in Contracts

Initial Products. Merck shall pay to Acumen the milestone payments identified in this Section 6.4.1 below, each within thirty (30) days after the first occurrence of the corresponding milestone, for the first Antibody Product and, if the Vaccine Option has been exercised, the first Vaccine Product to reach such milestone: [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]

Appears in 2 contracts

Sources: Collaboration Agreement (Acumen Pharmaceuticals, Inc.), Collaboration Agreement (Acumen Pharmaceuticals, Inc.)