Examples of ASTI Product in a sentence
If the third party in any such action brings a counteraction for invalidation or misuse of a patent covering the Allergan Technology or the ASTI Product, ASTI shall promptly notify Allergan, and Allergan may, within six months after the notification, join and participate in such action at its own expense.
During the term of this Agreement, each party shall promptly inform the other party of any information that it obtains or develops regarding the efficacy or safety of an ASTI Product and shall promptly report to the other party any information or notice of adverse or unexpected reactions or side effects related to the utilization or medical administration of an ASTI Product.
Once ASTI accepts a Work Plan for an ASTI Product or a Pre-Selection Work pursuant to Section 2.2, 2.3 or 2.4, ASTI shall use diligent efforts to complete such Work Plan, as amended from time to time.
ASTI shall consult with Allergan and shall review with Allergan from time to time the progress toward completion of the activities under the Work Plans for each ASTI Product and Pre-Selection Work, including without limitation, the status in each country for each ASTI Product for which marketing clearance is being sought.
Allergan shall notify ASTI within three business days after Allergan receives notice of clearance to market any ASTI Product in any country.
Allergan shall promptly notify ASTI of the first commercial sale of an ASTI Product, Developed Technology Product or Pre-Selection Product in any country.
Allergan and ASTI shall review each such Work Plan from time to time, and with respect to a Work Plan for an ASTI Product no less often than at the end of each stage of research and development, and shall revise each Work Plan as appropriate such that each Work Plan remains a best estimate of the work to be performed to complete the development objectives identified therein and of the Research and Development Costs thereunder.
Licensed Product means an ASTI Product as to which the license option under the License Option Agreement has been exercised by Allergan.
ASTI Product means any dosage form of a compound which is the subject of research and development as a potential human pharmaceutical product which has been recommended by Allergan and accepted by the Board of Directors of this corporation for development as such under the Research and Development Agreement.
ASTI agrees that no license, sale or other commercialization of any ASTI Product has been or shall be made or offered to any person or entity on any basis that is or will be in conflict with this Agreement or any License Agreement.