clinical stage definition
clinical stage means any company with a product or product candidate that has been tested in humans in a clinical setting;
clinical stage means, for a given sublicense agreement (or option thereto), that an IND has been filed to study the safety and/or efficacy of at least one Licensed Product that is the subject of such sublicense agreement (or option thereto) in a clinical trial in humans anywhere in the world, at the time Licensee enters into such sublicense agreement (or option thereto). For the sake of clarity, to qualify as “Clinical Stage,” the aforesaid IND must [***].”
10. The following Section 1.22 is hereby added to Article 1 (“Definitions”):