Common use of Termination of Research Program for a Target Clause in Contracts

Termination of Research Program for a Target. (a) ZENECA may at any time after [ * ] discontinue research relating to any specific Target [ * ]. The Joint Research Committee will determine the reallocation of the funding for a discontinued Target among the other Targets. For each Abandoned Target, ISIS will be free to continue research on Compounds to inhibit such Target and to use, make, have made and sell the resulting products for such Abandoned Target in accordance with Paragraph 2.7.

Appears in 4 contracts

Samples: Research and Development Agreement, Research and Development Agreement, Research and Development Agreement (Isis Pharmaceuticals Inc)

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