Common use of Lundbeck Clause in Contracts

Lundbeck. or any of its sublicensees of Licensed Products shall, for the term of this Agreement, refrain from marketing any other product in the Territory which is competitive with Licensed Product. A competitive product is a pharmaceutical for human therapy (i) with similar pharmacological profile and (ii) with a similar labelled indication and (iii) with a similar mechanism(s) of action for ▇▇▇▇▇▇▇▇▇'▇ disease, it being understood that (i), (ii) and (iii) are cumulative. Likewise, Centaur, shall refrain from marketing on its own, through an 31, October 1996 Affiliate or through Independent Third Party license partners any competitive product to Licensed Product in the Territory or any Additional Compound for one year prior to and two years following the date of Registration of Licensed Product in the Territory.

Appears in 2 contracts

Sources: Licensing Agreement (Centaur Pharmaceuticals Inc), Licensing Agreement (Centaur Pharmaceuticals Inc)