Target Evaluation Sample Clauses

Target Evaluation. 5.7.1 The Target Selection Committee shall select Targets from the Target Pool on which to perform Target Evaluation Work. Each Party shall allocate an expert in each of the following areas (the “Evaluation Experts”) to evaluate Targets: pharmacology, antibody and screening technology, clinical, commercial, intellectual property and safety. 5.7.2 The Evaluation Experts shall evaluate such Targets for their suitability to form the subject of a Discovery Programme and discuss their 7.1. The Evaluation Experts for each criteria shall prepare a joint report of their findings. The reports of all the Evaluation Experts shall be compiled together into a composite report on the Target, which shall constitute the “Target Evaluation Data Package”. The Target Evaluation Data Package may also include recommendations for further Target Evaluation Work to be conducted if the relevant Target is nominated as a Prioritised Alliance Target. 5.7.3 The Target Selection Committee shall oversee and direct the Target Evaluation Work. The costs of the Target Evaluation Work shall be shared by the Parties in accordance with Clause 13.3. The Target Selection Committee may at any time reject a Target from the Target Pool before a Target Evaluation Data Package has been completed in respect of such Target. 5.7.4 Each member of the Target Selection Committee shall be an Evaluation Expert. 5.7.5 The Target Selection Committee may call upon the Parties to carry out Target Validation Work to assist the Target Evaluation Work. Target Validation Work will consist of scientific exploration of a Target’s biology and shall include laboratory and desk based research. The Initial FTE Schedule includes the resources available for Target Validation Work. 5.7.6 The Target Selection Committee shall consider the Target Evaluation Data Package for each Target and shall decide upon a recommendation to the RMC in respect of that Target. The recommendation shall be either: (i) to designate the Target as a Prioritised Alliance Target; (ii) to reject the Target from the Target Pool; or (iii) to return the Target to the Target Pool for consideration at a later date.