MemorandumChina Medicine Corp • November 14th, 2008 • Wholesale-drugs, proprietaries & druggists' sundries
In accordance with the approval procedure set forth in the Regulation on Biological Product Registration of PRC, in the view that approval procedure of Bacillus Calmette-Guerin Vaccine is much different than that of other drugs, and in view of the high risk in Bacillus Calmette-Guerin Vaccine Transfer Agreement made and entered by Party A and Party B, both parties agree on the memorandum of the aforesaid agreement. Both the Bacillus Calmette-Guerin Vaccine Transfer Agreement and this Memorandum are equally legal binding.
Bacillus Calmette-Guerin Vaccine Transfer AgreementChina Medicine Corp • November 14th, 2008 • Wholesale-drugs, proprietaries & druggists' sundries
Under this agreement, Party B exclusively permits Party B to use the Bacillus Calmette-Guerin Vaccine (hereinafter referred to as BCG Vaccine) whose patent is owned by Party B, and Party A obtains the exclusive use permit from Party B and pay Party B the fee for exclusive use permit. On the base of fair negotiation and full understanding to the terms and conditions, in accordance with the Contract Law of the PRC, both parties agree and are bound by as follows:
