Compound definition
Examples of Compound in a sentence
Kissei shall be responsible for all costs incurred by it in non-clinical and clinical development activities related to Compound and Product in the Kissei Territory.
Kissei shall have the royalty-free, non-exclusive right and license to use all of the Vogenx Know-How (including the patents obtained thereon) resulting from the activities undertaken by Vogenx, its Affiliate and its sublicensees, if any, pursuant to this Agreement, and to disclose and sublicense the same to Kissei’s Affiliates and licensee(s), if any, for the sole purpose of manufacture, develop, use or sale of the Compound or the Product (but not a Combination Product) in the Kissei Territory.
In the event that any unexpected or unusual findings including adverse drug reactions are found during the course of the development by either Vogenx or Kissei and their respective Affiliate(s) or its sublicensee(s), if any, of the Compound or the Product, each Party shall [***]inform the other Party of such findings and, where necessary, both Parties hereto shall discuss the matter [***].
Kissei hereby grants to Vogenx an exclusive license, with the right to grant sublicenses, under the Kissei Patents and the Kissei Know-How to make, have made and use the Compound in the Field in the Vogenx Territory, and to make, have made, use, sell, offer to sell and import the Product in the Field in the Vogenx Territory.
Upon expiration of this Agreement, Vogenx will continue to have a royalty-free, perpetual right to continue to make, have made, use, sell, offer to sell and import the Compound and the Products.