Research and Development Programs Clause Samples
The "Research and Development Programs" clause defines the framework and expectations for collaborative or individual research and development activities under an agreement. It typically outlines the scope of R&D efforts, responsibilities of each party, timelines, and the handling of results or intellectual property generated during the program. For example, it may specify how new inventions are disclosed and who owns any resulting patents. The core function of this clause is to ensure both parties have a clear understanding of their roles, contributions, and rights regarding the outcomes of joint or sponsored research, thereby minimizing disputes and promoting effective collaboration.
Research and Development Programs. The Company's portfolio of stem cell technology results from the Company's exclusive licensing of neural stem/progenitor cell technology and other technologies applicable to the pancreas and liver, the Company's own research and development efforts to date, and the acquisition of StemCells, Inc. (now renamed StemCells California, Inc.) in 1997. The Company, through its subsidiary, StemCells California, Inc., has been advancing its program directed to the discovery, isolation and culturing of various stem cells from the human body. The Company believes that therapies using stem cells represent a fundamentally new approach to the treatment of diseases caused by lost or damaged tissue. The Company has assembled an experienced team of scientists and scientific advisors to consult with and advise the Company's scientists on their continuing research and development of stem/progenitor cells. This team includes, among others, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, M.D., of Stanford University, ▇▇▇▇
Research and Development Programs. Subject to Section 2.1 and in reliance upon the representations, warranties and covenants under Article 8 of this Agreement, Newco hereby agrees to assume BD's obligations under the Research Program and the Development Program pursuant to the BD/MPI Collaboration Agreement, including without limitation, undertaking those obligations of BD set out in Sections 2.7(c) and 2.10 of the BD/MPI Collaboration Agreement with respect to the Research Program and Development Program, respectively.
Research and Development Programs. The JSC may from time to time establish one or more Research Programs or Development Programs directed to the Treatment of SARS-CoV-2 Indications by Collaboration Products in the Field, each by putting in place a Plan and Budget for the particular program as described in Section 1.68. Each Party shall use Commercially Reasonable Efforts to perform and complete the activities allocated to such Party under each such Plan and Budget in a collaborative manner and within the timeframes set forth therein. The Parties anticipate that the Development Lead will be primarily responsible for all activities under a Development Plan and Budget, but in all cases appropriately leveraging the personnel, infrastructure and expertise of (and informing) the other Party. Notwithstanding the foregoing, in the case of the Ad5 Vaccine Product, NantKwest will be primarily responsible for Manufacturing activities outlined in the Plans.
Research and Development Programs. 6 3.5.1 Services of Other A&M Employees .................... 6 3.5.2 Cost ............................................... 7 3.6 Research Data and Information ............................... 7 3.6.1 Access to A&M Information .......................... 7 3.6.2 Ownership of Intellectual Property ................. 7 3.6.3 Newly Created or Discovered Intellectual Property .. 7 3.6.4
Research and Development Programs. (a) Within twenty Business Days after the Effective Date and at least twenty Business Days prior to each anniversary of the Effective Date during the Term, the Foundation must prepare and document, in consultation with and to the satisfaction of the person nominated by GTG in accordance with clause 0, a Research and Development Program for the immediately succeeding Year.
(b) The Foundation and GTG must act reasonably and in good faith and must not unreasonably delay in reaching agreement on the content of (including Research Projects forming part of) each Research and Development Program. If the parties are unable to agree on all Research Projects on which the Funds should be expended during the relevant Year, GTG must pay all of the Funds to the Foundation in accordance with this agreement but the Foundation must not (except with the prior written consent of GTG) expend the Funds to the extent there is no approved Research Project for the expenditure of the Funds.
(c) Each Research and Development Program must:
(i) detail each Research Project to be carried out during the relevant Year, including provision of a Research Project Plan and details of the Milestones and intended objectives for each Research Project;
(ii) specify a strategy for the carrying out of those Research Projects;
(iii) allocate the Funds for the relevant Year (and any non-expended Funds from any previous Years) as between the Research Projects detailed in the Research and Development Program;
(iv) detail any research incentives to be offered (whether from the Funds or some other source) to Foundation Personnel during the relevant Year, which may include:
A. travel grants;
B. scientific retreats;
C. enrolment at University of Western Australia in the form of a tax free scholarship;
D. enrolment in special technical/business courses;
E. cross visits/secondments between GTG and the Foundation; and
F. visits/tours of laboratories operated by or on behalf of or affiliated with either party.
(d) The Foundation must during the Year to which a Research and Development Program relates give effect to that Research and Development Program, including carrying out the Research Projects detailed in or contemplated by the Research and Development Program in accordance with the relevant Research Project Plans.
Research and Development Programs