Basic Development Plan definition
Examples of Basic Development Plan in a sentence
THERAVANCE, acting through the TELAVANCIN Product Management Team, shall have the overall responsibility for, and use Diligent Efforts in, assuring the performance of all Development activities (x) for the Initial Indications to support an application for Marketing Authorization in the US in accordance with the Detailed Development Plan and Basic Development Plan, and in particular for the desired label identified in the Basic Development Plan, and (y) delivery of the First Commercial Sale Stock.
The TELAVANCIN Product Management Team shall have no power or authority to amend or waive compliance with this Agreement, the Basic Development Plan, or the Basic Commercial Plan.
This Agreement provides for four (4) different Licensed Product-related plans, three (3) covering the Initial Indications in the US (namely, the Basic Development Plan, the Basic Commercial Plan, and the Detailed Development Plan) and one covering marketing activities worldwide (namely, the Medical Marketing Plan).
In the event this Agreement terminates for any reason other than material breach by THERAVANCE or a for-cause termination under Section 14.03, in either case prior to the first NDA Filing Milestone set forth in Section 6.02(b), ASTELLAS shall be responsible for and pay (X) [*] through the date of termination (post-Effective Date, to the extent incurred consistent with the Basic Development Plan and Detailed Development Plan), less (Y) [*].
The Basic Development Plan and the Basic Commercial Plan each contain a section entitled “Commitments”.
The Medical Marketing Plan shall define the goals and objectives for Commercializing the Licensed Product in the Territory in the pertinent Calendar Year consistent with the Basic Development Plan and — with respect to the US — the Basic Commercial Plan.
The Detailed Development Plan is intended to implement the Basic Development Plan at a detailed level, consistent with the Basic Development Plan and this Agreement.