Clinical Trial definition
Examples of Clinical Trial in a sentence
Bambusa will use commercially reasonable efforts to include substantially similar audit rights as set forth in this Section 5.5 (Clinical Trial Audit Right) in any sublicense agreement and any applicable subcontract agreement; provided, however, that any such agreement may provide that such audit would be conducted by an independent, qualified, and reputable auditor engaged by Bambusa or one of its Affiliates instead of an independent, qualified, and reputable auditor engaged by Biotheus.
Upon reasonable written notice, Biotheus may engage an independent, qualified, and reputable auditor to conduct an audit of Bambusa and its Affiliates to determine whether any Clinical Trial for a Licensed Product conducted by Bambusa or such Affiliate is being conducted in compliance with the terms of this Agreement, GLP, GMP, and GCP (as applicable), and all Applicable Law.
Bambusa will have the right to subcontract the performance of its obligations under this Agreement to one or more Affiliates or Third Party subcontractors engaged on a fee-for-service basis (such as contract research organizations, contract manufacturing organizations, Clinical Trial sites, distributors, wholesalers, and contract sales organizations), without first obtaining Biotheus’ prior written consent.
No amount of Revenue Sharing shall be payable to Bambusa in the event Biotheus grants a License to a Third Party after end of Phase II Clinical Trial (as evidenced by completion of the End-of-Phase II Meeting).
Initiation of the first Phase I Clinical Trial for the first Aspen CT Product in a country in the Territory for the treatment of any [***], whichever comes earlier.