ADC-3 definition

ADC-3 means the first ADC, other than ADC-1 or ADC-2, Directed to a Licensed Target designated by Pyxis for which Pyxis (or its Affiliate or Sublicensee) begins wet laboratory work.
ADC-3 means the first Product, other than ADC-1 or ADC-2, Directed to a Licensed Target to receive the applicable Regulatory Approval.

Examples of ADC-3 in a sentence

  • In partial consideration of the exclusive license to Licensed Targets for ADC-3 and ADC-4 and rights granted in Section 2, Pyxis shall pay to Pfizer a non-refundable and non-creditable payment of [***].