Common use of MRE Research and Development Commitment Clause in Contracts

MRE Research and Development Commitment. During the Discovery --------------------------------------- and Development Term, with respect to each Selected Compound MRE shall commit such financial and other resources, if any, as MRE in its sole discretion deems appropriate, and MRE shall not be required to expend any minimum amount of money or effort on the Research and Development of, nor to file an IND or NDA with respect to, any Selected Compound. MRE shall direct the Research and Development, if any, of each Selected Compound in any manner, and with such commitment of financial and other resources as it in its sole discretion deems appropriate.

Appears in 2 contracts

Sources: Development and Commercialization Agreement (Aderis Pharmaceuticals Inc), Development and Commercialization Agreement (Aderis Pharmaceuticals Inc)

MRE Research and Development Commitment. During the Discovery --------------------------------------- and Development Term, with respect to each Selected Compound MRE shall commit such financial and other resources, if any, as MRE in its sole discretion deems appropriate, and MRE shall not be required to expend any minimum amount of money or effort on the Research and Development of, nor to file an IND or NDA with respect to, any Selected Compound. MRE shall direct the Research and Development, if any, of each Selected Compound in any manner, and with such commitment of financial and other resources as it in its sole discretion deems appropriate.

Appears in 1 contract

Sources: Development and Commercialization Agreement (Aderis Pharmaceuticals Inc)