SUBSEQUENT DEVELOPMENT PLAN. On or before July 1st of each year commencing in the year that the MAA for Initial Approval is filed with the EMEA or such earlier year as the Parties may agree, Amersham shall develop and present to the JDC a draft Subsequent Development Plan that reflects the goals and Development Budget for any activities proposed by Amersham to be carried out to develop the Product in the Territory other than in connection with the Initial Approval. The JDC shall review and, if necessary, revise such draft updated Subsequent Development Plan. The JDC shall present the resulting draft updated Subsequent Development Plan to the CSC for the upcoming calendar year on or before September 1st of each year. The CSC may approve, revise or request that the JDC revise the draft updated Subsequent Development Plan. The CSC shall approve an updated Subsequent Development Plan for the upcoming calendar year on or before October 1st of the preceding calendar year.
Appears in 2 contracts
Sources: Development, Commercialization and License Agreement (Corixa Corp), Development, Commercialization and License Agreement (Corixa Corp)