POC Study Completion Sample Clauses

POC Study Completion. The Joint Steering Committee shall determine for each Candidate Drug when the POC Studies are deemed to be completed and shall determine the next steps, whether to continue Development by a Party or the Parties, or whether to discontinue Development, or whether to continue Development through a Third Party Licensee. The POC Phase is completed when the POC Studies are deemed to be completed as determined by the Joint Steering Committee in accordance with Section 7.2.