AAD Devices definition
Examples of AAD Devices in a sentence
Unless and until all of the foregoing conditions have been satisfied, the then-existing version of AAD Devices and Consumables being sold to CoTherix and the Specialty Pharmacy Company under this Agreement shall continue to be supplied to CoTherix and the Specialty Pharmacy Company pursuant to the terms of this Agreement.
To the extent that any intellectual property related to the AAD Devices or Consumables, including without limitation, AAD Device Medication Volume IP, is developed during the Term by Profile individually, by CoTherix individually, or by Profile and CoTherix jointly, such intellectual property (“Device IP”) shall be solely owned by Profile, and CoTherix hereby assigns such Device IP to Profile.
Any right of CoTherix to distribute AAD Devices or Consumables with a pharmaceutical other than Ventavis or Iloprost would be the subject of a separate agreement.
CoTherix shall maintain a database of all complaints related to AAD Devices, Consumables, Integrated Ventavis/AAD Device Packages, and Ventavis, and any confirmed defects relating to any of the foregoing.
However, Profile agrees to cooperate in good faith with CoTherix to explore the possibility of selling in the future AAD Devices that are not single patient use devices.
For purposes of clarification, the refusal of CoTherix to consent to a Proposed Significant Change or the failure of the FDA to approve delivery of Ventavis with an AAD Device or Consumable containing a Proposed Significant Change shall not affect Profile’s right to sell AAD Devices and Consumables containing the Proposed Significant Change to Profile customers other than CoTherix and the Specialty Pharmacy Company.
On or before the last business day of the first month of a calendar quarter, CoTherix shall provide Profile with non-binding forecasts of the number of AAD Devices and Consumables that the Specialty Pharmacy Company will require in the upcoming calendar quarter.
CoTherix or the Specialty Pharmacy will be responsible for the coordination of Complaint investigations involving customer Complaints with respect to AAD Devices, Consumables and/or Integrated Ventavis/AAD Device Packages resold by CoTherix or the Specialty Pharmacy Company after the Commercial Availability Date.
For purposes of clarification, if CoTherix elects to pay the Exclusivity Fee in any calendar year, this Agreement does not cover the terms of any distribution by CoTherix of AAD Devices and Successor AAD Devices or Consumables and Successor Consumables with any pharmaceutical other than Ventavis or any formulation of Iloprost (or any product containing Iloprost (in any form) as its active pharmaceutical ingredient) for which required regulatory clearance(s) and approval(s) have been granted.
The prices for the AAD Devices and Consumables sold to the Specialty Pharmacy Company pursuant to the Specialty Pharmacy Company Supply Agreement shall be as set forth in Section 6.1 of this Agreement.