Commercialize definition
Examples of Commercialize in a sentence
For clarity, “Commercially Reasonable Efforts” does not mean that the Seller guarantees that it will actually complete clinical development and Commercialize (either directly or through its Affiliates and Licensees) the Product at all or by a specific date.
On a Licensed Product-by-Licensed Product basis, Licensee and its Related Parties will use Commercially Reasonable Efforts to (a) obtain Pricing and Reimbursement Approval for such Licensed Product, where applicable, in the United States and each Major European Country in which Regulatory Approval therefor has been obtained, and (b) following receipt of Pricing and Reimbursement Approval for such Licensed Product in any such country, where applicable, Commercialize such Licensed Product in such country.
Section 5.1, Licensee shall Commercialize the Licensed Products in the Field in the Territory pursuant to a written commercialization plan (the “Licensee Commercialization Plan”).
The Seller shall use Commercially Reasonable Efforts to complete clinical development and Commercialize (either directly or through its Affiliates and Licensees) the Product.
Vir Bio wishes to grant to Licensee, and Licensee wishes to take, a (sub)license under such intellectual property rights to Commercialize and, subject to Section 9.1.1, Develop (as defined herein), and conduct the packaging and labeling of, the Licensed Products in the Field (as defined herein) in the Territory, in accordance with the terms and conditions set forth herein.