Commercialization definition
Examples of Commercialization in a sentence
Biodexa shall, and shall cause its Affiliates and Sublicensees to, carry out all Development, Manufacturing and Commercialization activities in accordance with Applicable Law in all material respects.
At Biodexa’s expense, Biodexa shall use Commercially Reasonable Efforts to Develop and obtain Regulatory Approval for Licensed Products for one or more indications in the Field in the United States, Europe and China in accordance with the Development Plan and to Manufacture and Commercialize Licensed Products in the Field in the Territory in accordance with the Commercialization Plan.
Biodexa will promptly make available executive-level employees to participate in such meetings, and at such meetings, provide Otsuka reasonable visibility into the progress of Biodexa’s Development, Manufacturing and Commercialization activities with respect to Licensed Products.
During the Term, Biodexa (either itself or through its Affiliates or Sublicensees) is solely responsible for carrying out at its expense all activities necessary to obtain or maintain Regulatory Approval of the Licensed Product in the Field in the Territory, including preparing Regulatory Materials and conducting communications with the relevant Regulatory Authorities related to or needed for the Development, Manufacture or Commercialization of Licensed Products in the Field in the Territory.
Biodexa shall consider in good faith any comments concerning such Commercialization Plan that Otsuka may provide.