Co-Commercialized Product definition

Co-Commercialized Product means any Product arising from a Joint Development Compound or Joint Development Compound/IV, developed or commercialized jointly by Chiron and PathoGenesis pursuant to Article 3 and Article 4.
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Co-Commercialized Product means a Licensed Product under an Optionable Program for which Celgene exercises the Celgene Program Option, excluding (a) any Split Products and (b) any Licensed Product in the US Territory under a Split Program if, after any Agios Opt-Out, Celgene elects not to assume US Territory rights as set forth in Section 3.10(c)(ii).
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Co-Commercialized Product has the meaning ascribed thereto in Section 1.28 of the License Agreement.
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Examples of Co-Commercialized Product in a sentence

  • If a Party opts to terminate its efforts on a Joint Development Compound, a Joint Development Compound/IV or a Co-Commercialized Product, it shall receive no reimbursement for its expenses, costs, or other obligations incurred after the last quarterly reconciliation period prior to the abandoning Party's effective termination date for its development efforts pursuant to Section 9.3. The other Party may choose to continue with or to cease its development efforts.

  • Neither Party may subcontract any portion of the Co-Commercialized Product development and commercialization work to be performed by it hereunder unless: (i) such subcontract is specifically provided for by the applicable Development Plan or Co-Commercialization Plan in question; (ii) otherwise provided for by this Agreement or (iii) agreed upon in writing by the Parties.

  • Each Party shall use commercially reasonable efforts to perform the Co-Commercialized Product development and commercialization work assigned to it in a prudent and skillful manner in accordance, in all material respects, with the Co-Commercialization Plan then in effect and applicable laws.

  • In the event that the IDP fails to use commercially reasonable efforts to develop and commercialize any Independent Product, the IDP shall, at the other Party's election, either (i) abandon such Independent Product and permit the other Party to undertake development of such abandoned Independent Product, or (ii) grant the other Party the right to participate in co-development or profit sharing of such abandoned Independent Product, which shall be deemed a Co-Commercialized Product governed by Article 4.

  • Such right shall include, without limitation, the right to refer to, use and present Results of the other Party in any Regulatory Approval application relating to a Product, without regard to whether such Product is a Co-Commercialized Product or an Independent Product.

  • In the event that a Co-Commercialized Product incorporates Third Party Technology acquired by the Collaboration in accordance with Sections 2.6 or 3.5, as the case may be, any royalties or other amounts payable to the Third Party licensor of such Third Party Technology on account of its incorporation in Co-Commercialized Products shall be shared by the Parties as previously determined by the Parties in accordance with Sections 2.6 or 3.5.

  • In the event that the Manufacturing Party elects not to manufacture any Co-Commercialized Product from which it has withdrawn pursuant to Section 3.2.7, the Manufacturing Party shall provide the other Party with prompt written notice of such election.

  • The Collaboration Management Team, or a Project Committee if designated, shall determine the jurisdiction or jurisdictions in which Regulatory Approvals for any particular Co-Commercialized Product are to be sought to enable commercialization of such Co-Commercialized Product therein.

  • In the event that a Party intends to use the Results, Joint Compounds, Joint Compound Patents, Joint Development Compounds, Joint Libraries and/or Joint Technology with a Third Party for a drug other than a Co-Commercialized Product or an Independent Product, such use must be in compliance with the restrictions set forth in Section 2.11.

  • Chiron and PathoGenesis shall share all Net Pretax Profits or Losses of each Co-Commercialized Product, regardless of which of the two parties is the Lead Developing Party, for activities giving rise to such Net Pretax Profits or Losses on a 50%-50% basis or as otherwise agreed in writing by the Parties, all to the extent allowable by GAAP.


More Definitions of Co-Commercialized Product

Co-Commercialized Product means a Product for which the Parties are conducting SYNTA Co-Commercialization Activities and GSK Co-Commercialization Activities, as the case may be, in the Co-Commercialization Territory.
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Related to Co-Commercialized Product

  • Commercialized shall have corresponding meanings.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Commercializing means to engage in Commercialization and “Commercialized” has a corresponding meaning.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Licensed Compounds means any EZH2 Compound(s) that is:

  • Hemp products means all products made from industrial hemp,

  • Licensed Compound means [***].

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • New Products means any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Covered Product The consumer product that You purchased concurrently with and is covered by this Agreement.

  • Competing Product means […***…].

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • Covered Products means Your Applications, Libraries, Passes, Safari Extensions, Safari Push Notifications, and/or FPS implementations developed under this Agreement.

  • Generic Product means any pharmaceutical product that (i) is sold by a Third Party that is not an Affiliate or licensee of Buyer and (ii) (a) contains the same active pharmaceutical ingredient as the Product or (b) is categorized by the applicable Governmental Entity in a country to be therapeutically equivalent to, or interchangeable with, the Product, such that the pharmaceutical product may be substituted for the Product at the point of dispensing without any intervention by the prescribing physician in such country.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Cannabis product means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Product Candidate means any pharmaceutical product developed, manufactured and/or tested by or on behalf of the Company that has not received a Regulatory Authorization for commercial distribution other than in connection with pre-clinical or clinical trials.

  • Commercialize or “Commercialization” means the marketing, promotion, sale (and offer for sale or contract to sell), distribution, importation or other commercial exploitation (including pricing and reimbursement activities) for a Product in the Territory. Commercialization shall include commercial activities conducted in preparation for Product launch.

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Roll-on product means any antiperspirant or deodorant that dispenses active ingredients by rolling a wetted ball or wetted cylinder on the affected area.